American Savings Bank of Hawaii (NYSE:ASBH) Stock Short Interest Report for September

American Savings Bank of Hawaii (NYSE:ASBH) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 125,114 shares. Based on an average daily volume of 354,650 shares, the short-interest ratio is presently 0.4 days.

American Savings Bank of Hawaii Trading Up 1.4%

Shares of American Savings Bank of Hawaii stock traded up $0.25 on Friday, reaching $18.19. 16,886 shares of the company were exchanged, compared to its average volume of 154,950. American Savings Bank of Hawaii has a one year low of $16.54 and a one year high of $19.25.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ASBH shares. Keefe, Bruyette & Woods assumed coverage on shares of American Savings Bank of Hawaii in a research report on Monday. They issued a “market perform” rating and a $19.00 price objective on the stock. Piper Sandler began coverage on shares of American Savings Bank of Hawaii in a research report on Monday. They issued an “overweight” rating and a $20.00 target price for the company. Stephens assumed coverage on shares of American Savings Bank of Hawaii in a research note on Monday. They issued an “overweight” rating and a $21.00 price target on the stock. DA Davidson began coverage on shares of American Savings Bank of Hawaii in a research note on Sunday. They issued a “buy” rating and a $20.00 price target on the stock. Finally, Zacks Research raised shares of American Savings Bank of Hawaii to a “hold” rating in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, American Savings Bank of Hawaii currently has a consensus rating of “Buy” and an average target price of $20.00.

American Savings Bank of Hawaii Company Profile

American Savings Bank of Hawaii was a Hawaii-based financial institution that provided retail and commercial banking services to individuals, families, businesses and organizations. Its offerings included deposit accounts, residential and commercial lending, consumer loans, business financing and related banking services.

The bank operated through a statewide network of branches and served customers throughout the Hawaiian Islands. It also provided mortgage banking and other financial services associated with homeownership and personal banking.

American Savings Bank of Hawaii was established in 1925 and became one of Hawaii’s longstanding banking institutions.