What’s Propelling Investors Bancorp Inc (NASDAQ:ISBC) After Lower Shorts Reported?

Investors Bancorp, Inc. (NASDAQ:ISBC) Logo

Investors sentiment decreased to 0.95 in Q2 2019. Its down 0.13, from 1.08 in 2019Q1. It dropped, as 33 investors sold Investors Bancorp, Inc. shares while 55 reduced holdings. 30 funds opened positions while 54 raised stakes. 191.12 million shares or 3.82% less from 198.71 million shares in 2019Q1 were reported.
Citadel Advsrs Ltd Com holds 0.04% or 7.71M shares in its portfolio. Minerva Advsrs Ltd Limited Liability Company reported 92,701 shares or 0.56% of all its holdings. California Pub Employees Retirement System has invested 0.01% in Investors Bancorp, Inc. (NASDAQ:ISBC). Moreover, Toronto Dominion Bancshares has 0% invested in Investors Bancorp, Inc. (NASDAQ:ISBC) for 5,997 shares. 207,132 were reported by Barclays Public Limited Company. Tower Rech Capital Ltd (Trc) reported 195 shares. Glenmede Na holds 0% in Investors Bancorp, Inc. (NASDAQ:ISBC) or 3,500 shares. Ubs Asset Americas holds 0% or 711,622 shares. Maltese Cap Mgmt Limited Company owns 1.03M shares for 0.89% of their portfolio. Cambridge Research has invested 0% of its portfolio in Investors Bancorp, Inc. (NASDAQ:ISBC). Swiss Retail Bank holds 452,776 shares or 0.01% of its portfolio. Td Asset Mngmt Inc reported 90,700 shares or 0% of all its holdings. Basswood Capital Mngmt Limited Liability Co invested 0.3% in Investors Bancorp, Inc. (NASDAQ:ISBC). Alliancebernstein Lp owns 542,044 shares or 0% of their US portfolio. Lombard Odier Asset Mngmt (Usa) Corp holds 0.01% or 10,000 shares.

The stock of Investors Bancorp Inc (NASDAQ:ISBC) registered a decrease of 0.63% in short interest. ISBC’s total short interest was 5.56M shares in September as published by FINRA. Its down 0.63% from 5.59 million shares, reported previously. With 2.04 million shares average volume, it will take short sellers 3 days to cover their ISBC’s short positions. The short interest to Investors Bancorp Inc’s float is 2.15%.

The stock increased 0.79% or $0.09 during the last trading session, reaching $11.52. About 2.04M shares traded or 24.11% up from the average. Investors Bancorp, Inc. (NASDAQ:ISBC) has declined 9.98% since September 13, 2018 and is downtrending. It has underperformed by 9.98% the S&P500.

Investors Bancorp, Inc. operates as the holding firm for Investors Bank that provides various banking services and products to individuals and businesses in the United States. The company has market cap of $3.19 billion. It offers deposit products, such as savings, checking, and money market accounts, as well as certificates of deposit. It has a 17.17 P/E ratio. The companyÂ’s loan portfolio includes multi-family, commercial real estate, commercial and industrial, and construction loans; consumer and other loans primarily consisting of home equity loans and home equity lines of credit; and one-to four-family residential mortgage loans secured by one-to four-family residential real estate.

More notable recent Investors Bancorp, Inc. (NASDAQ:ISBC) news were published by: Seekingalpha.com which released: “KSP Research sees NYCB, Ally well set for four rate cuts – Seeking Alpha” on July 03, 2019, also Nasdaq.com with their article: “Investors Bancorp is Oversold – Nasdaq” published on March 20, 2019, Prnewswire.com published: “Investors Bancorp, Inc. Announces First Quarter Financial Results and Cash Dividend – PRNewswire” on April 24, 2019. More interesting news about Investors Bancorp, Inc. (NASDAQ:ISBC) were released by: Streetinsider.com and their article: “Investors Bancorp (ISBC) to Acquire Gold Coast Bancorp – StreetInsider.com” published on July 24, 2019 as well as Fool.com‘s news article titled: “Investors Bancorp Inc (ISBC) Q4 2018 Earnings Conference Call Transcript – Motley Fool” with publication date: January 31, 2019.

Investors Bancorp, Inc. (NASDAQ:ISBC) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.