Is Buying PB Bancorp Inc (NASDAQ:PBBI), Having Higher Short Interest a Winning Strategy?

PB Bancorp, Inc. (NASDAQ:PBBI) Logo

The stock of PB Bancorp Inc (NASDAQ:PBBI) registered an increase of 133.33% in short interest. PBBI’s total short interest was 700 shares in May as published by FINRA. Its up 133.33% from 300 shares, reported previously. With 3,900 shares average volume, it will take short sellers 0 days to cover their PBBI’s short positions. The short interest to PB Bancorp Inc’s float is 0.01%.

The stock increased 0.45% or $0.05 during the last trading session, reaching $11.17. About 143 shares traded. PB Bancorp, Inc. (NASDAQ:PBBI) has risen 7.16% since May 14, 2018 and is uptrending. It has outperformed by 2.79% the S&P500.

PB Bancorp, Inc. operates as the holding firm of Putnam Bank that provides various banking services and products to individuals and small business clients primarily in Connecticut. The company has market cap of $78.67 million. It offers a range of deposits, including checking, savings, and money market deposit accounts, as well as negotiable order of withdrawal accounts and fixed-term certificates of deposit. It has a 19.26 P/E ratio. The companyÂ’s loan portfolio comprises residential real estate loans, including one-to four-family mortgage loans, residential construction loans, second mortgage loans, and home equity lines of credit; commercial real estate loans comprising multi-family real estate loans; commercial loans, such as term loans and revolving lines of credit; and consumer and other loans, such as loans on new and used automobiles, loans secured by deposit accounts, and unsecured personal loans.

More recent PB Bancorp, Inc. (NASDAQ:PBBI) news were published by: which released: “Putnam Bancorp, Looking At A Buyout? – Seeking Alpha” on March 21, 2019. Also published the news titled: “PB Bancorp, Inc. (PBBI) Ex-Dividend Date Scheduled for October 16, 2018 – Nasdaq” on October 15, 2018.‘s news article titled: “PB Bancorp, Inc. (PBBI) Ex-Dividend Date Scheduled for April 16, 2019 – Nasdaq” with publication date: April 15, 2019 was also an interesting one.

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