Pioneer Bancorp, Inc. (NASDAQ:PBFS) Short Interest Update

Pioneer Bancorp, Inc. (NASDAQ:PBFS) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 42,200 shares, an increase of 36.6% from the February 28th total of 30,900 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 23,400 shares, the short-interest ratio is presently 1.8 days.

Pioneer Bancorp Price Performance

Shares of PBFS traded up $0.05 during mid-day trading on Monday, hitting $11.56. The stock had a trading volume of 566 shares, compared to its average volume of 26,624. Pioneer Bancorp has a 52 week low of $8.76 and a 52 week high of $12.20. The business has a fifty day moving average price of $11.74 and a 200-day moving average price of $11.47. The firm has a market cap of $298.67 million, a P/E ratio of 15.83 and a beta of 0.46.

Pioneer Bancorp (NASDAQ:PBFS) last issued its earnings results on Thursday, January 30th. The company reported $0.13 earnings per share for the quarter. Pioneer Bancorp had a net margin of 16.26% and a return on equity of 6.16%.

Institutional Investors Weigh In On Pioneer Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. grew its position in Pioneer Bancorp by 9.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 32,057 shares of the company’s stock valued at $352,000 after acquiring an additional 2,806 shares during the last quarter. State Street Corp raised its position in Pioneer Bancorp by 1.0% in the 3rd quarter. State Street Corp now owns 177,006 shares of the company’s stock worth $1,942,000 after purchasing an additional 1,700 shares during the period. Barclays PLC lifted its stake in Pioneer Bancorp by 370.0% in the third quarter. Barclays PLC now owns 18,757 shares of the company’s stock worth $206,000 after purchasing an additional 14,766 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Pioneer Bancorp by 12.5% in the third quarter. Geode Capital Management LLC now owns 250,178 shares of the company’s stock worth $2,745,000 after buying an additional 27,786 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Pioneer Bancorp by 188.4% in the third quarter. JPMorgan Chase & Co. now owns 15,120 shares of the company’s stock worth $166,000 after buying an additional 9,877 shares during the period.

Pioneer Bancorp Company Profile

Pioneer Bancorp, Inc operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York. The company accepts various deposit products, such as demand, savings, and money market accounts, as well as certificates of deposit accounts. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage lending, consumer loans, and home equity lines of credit.