Short Interest in Great Southern Bancorp, Inc. (NASDAQ: GSBC) Increases 21.3%
Great Southern Bancorp, Inc. (NASDAQ: GSBC) recorded significant growth in short-term interest rates in December. As of December 15, there was short interest totaling 93,400 shares, an increase of 21.3% from the total of 77,000 shares as of November 30. About 0.9% of the company’s shares are sold short. Based on an average daily volume of 32,000 shares, the short-term interest rate is currently 2.9 days.
NASDAQ GSBC shares traded down $ 0.72 in Friday’s session, reaching $ 60.63. The company had a trading volume of 25,478 shares, compared to an average volume of 39,296. The company’s 50-day moving average is $ 58.21 and its 200-day moving average is $ 55.29. The company has a debt to equity ratio of 0.16, a rapid ratio of 1.02, and a current ratio of 1.02. Great Southern Bancorp has a 52 week low of $ 47.22 and a 52 week high of $ 61.43. The company has a market cap of $ 808.74 million, a P / E ratio of 10.97 and a beta of 0.90.
Great Southern Bancorp (NASDAQ: GSBC) last reported its results on Tuesday, October 19. The financial services provider reported earnings per share (EPS) of $ 1.49 for the quarter, beating the consensus estimate of $ 1.32 by $ 0.17. Great Southern Bancorp had a net margin of 31.82% and a return on equity of 12.36%. The company posted revenue of $ 54.72 million for the quarter, compared to a consensus estimate of $ 54.19 million. During the same period of the previous year, the company made EPS of $ 0.96. On average, research analysts expect Great Southern Bancorp to post an EPS of 5.61 for the current year.
The company also recently unveiled a quarterly dividend, which will be paid on Tuesday, January 11. Investors of record on Monday, December 27 will receive a dividend of $ 0.36. This represents a dividend of $ 1.44 on an annualized basis and a return of 2.38%. The ex-dividend date is Thursday, December 23. Great Southern Bancorp’s dividend payout ratio is currently 25.76%.
Several equity analysts have commented on the title. Zacks Investment Research downgraded Great Southern Bancorp shares from a âbuyâ rating to a âholdâ rating in a research note on Wednesday, October 27. Piper Sandler downgraded Great Southern Bancorp from an “overweight” to a “neutral” rating and set a target price of $ 63.00 for the company. in a research report on Friday.
In other Great Southern Bancorp news, director William V. Turner sold 3,198 shares in a trade on Wednesday, November 3. The shares were sold at an average price of $ 57.24, for a total trade of $ 183,053.52. The sale was disclosed in a legal file with the SEC, which is available on the SEC’s website. 24.27% of the shares are currently held by insiders.
A number of large investors have recently changed their holdings of equities. Mercer Global Advisors Inc. ADV purchased a new stake in Great Southern Bancorp in the second quarter valued at $ 18,422,000. Renaissance Technologies LLC increased its stake in Great Southern Bancorp by 1.6% in the second quarter. Renaissance Technologies LLC now owns 302,300 shares of the financial services provider valued at $ 16,294,000 after purchasing an additional 4,800 shares in the last quarter. State Street Corp increased its holdings in Great Southern Bancorp by 7.7% in the second quarter. State Street Corp now owns 237,549 shares of the financial services provider valued at $ 12,886,000 after acquiring an additional 17,004 shares during the period. Simmons Bank increased its holdings in Great Southern Bancorp by 290.2% in the third quarter. Simmons Bank now owns 171,441 shares of the financial services provider valued at $ 9,397,000 after acquiring an additional 127,500 shares during the period. Finally, The Manufacturers Life Insurance Company increased its holdings in Great Southern Bancorp by 1.5% during the third quarter. The Manufacturers Life Insurance Company now owns 151,151 shares of the financial services provider valued at $ 8,284,000 after acquiring 2,304 additional shares during the period. Hedge funds and other institutional investors hold 46.94% of the company’s shares.
Great Southern Bancorp Company Profile
Great Southern Bancorp, Inc is a banking holding company which provides financial services. It offers residential and commercial real estate loans, construction loans, commercial business loans and consumer loans. The company was founded in July 1989 and is headquartered in Springfield, MO.
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