Winchester Bancorp, Inc. (NASDAQ:WSBK) Sees Significant Drop in Short Interest

Winchester Bancorp, Inc. (NASDAQ:WSBK) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 19,882 shares, a drop of 30.5% from the March 15th total of 28,599 shares. Based on an average daily volume of 4,439 shares, the short-interest ratio is currently 4.5 days. Approximately 0.2% of the company’s stock are sold short.

Winchester Bancorp Trading Down 0.1%

NASDAQ:WSBK opened at $12.99 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.21. Winchester Bancorp has a 12 month low of $8.76 and a 12 month high of $13.39. The company has a market cap of $120.74 million and a PE ratio of 56.48. The company has a 50 day simple moving average of $12.78 and a two-hundred day simple moving average of $11.01.

Winchester Bancorp (NASDAQ:WSBK) last posted its earnings results on Wednesday, January 28th. The company reported $0.12 EPS for the quarter. Winchester Bancorp had a net margin of 2.98% and a return on equity of 1.32%. The business had revenue of $6.44 million during the quarter.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC lifted its stake in shares of Winchester Bancorp by 3.6% during the 4th quarter. Integrated Wealth Concepts LLC now owns 57,000 shares of the company’s stock valued at $596,000 after buying an additional 2,000 shares in the last quarter. Geode Capital Management LLC increased its stake in Winchester Bancorp by 10.9% in the 4th quarter. Geode Capital Management LLC now owns 26,502 shares of the company’s stock worth $277,000 after acquiring an additional 2,606 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in shares of Winchester Bancorp by 77.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 19,127 shares of the company’s stock valued at $200,000 after buying an additional 8,377 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Winchester Bancorp during the 2nd quarter valued at about $91,000. Finally, Mangrove Partners IM LLC raised its position in shares of Winchester Bancorp by 10.6% during the 3rd quarter. Mangrove Partners IM LLC now owns 186,949 shares of the company’s stock valued at $1,785,000 after buying an additional 17,851 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Winchester Bancorp in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

About Winchester Bancorp

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.