Croghan Bancshares, Inc. (OTCMKTS:CHBH) Sees Large Increase in Short Interest

Croghan Bancshares, Inc. (OTCMKTS:CHBH) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 100 shares, an increase of 81.8% from the July 30th total of 55 shares. Based on an average daily volume of 891 shares, the days-to-cover ratio is currently 0.1 days.

Croghan Bancshares Stock Performance

Shares of OTCMKTS CHBH opened at $71.01 on Monday. The firm has a 50-day simple moving average of $66.79 and a 200-day simple moving average of $61.29. Croghan Bancshares has a 52 week low of $49.00 and a 52 week high of $78.00.

Institutional Trading of Croghan Bancshares

An institutional investor recently bought a new stake in Croghan Bancshares stock. Compass Financial Management LLC acquired a new stake in Croghan Bancshares, Inc. (OTCMKTS:CHBH) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,012 shares of the company’s stock, valued at approximately $62,000.

Croghan Bancshares Company Profile

Croghan Bancshares, Inc is a bank holding company based in Ogdensburg, New York, trading on the OTC Markets under the symbol CHBH. Through its wholly owned subsidiary, Croghan Savings Bank, the company delivers a full suite of retail and commercial banking services. Croghan Savings Bank traces its heritage to 1885, operating as a mutual savings institution committed to serving local customers with personalized financial solutions.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market funds and certificates of deposit.