Pioneer Bancorp, Inc. (NASDAQ:PBFS) Short Interest Up 34.9% in February

Pioneer Bancorp, Inc. (NASDAQ:PBFS - Get Free Report) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 37,100 shares, a growth of 34.9% from the January 31st total of 27,500 shares. Based on an average trading volume of 22,600 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.3% of the shares of the company are sold short.

Pioneer Bancorp Stock Performance

Shares of NASDAQ:PBFS traded up $0.21 during trading on Friday, hitting $12.01. 25,754 shares of the stock were exchanged, compared to its average volume of 25,313. The company has a market capitalization of $311.95 million, a price-to-earnings ratio of 16.45 and a beta of 0.46. Pioneer Bancorp has a 1-year low of $8.76 and a 1-year high of $12.15. The company's fifty day simple moving average is $11.53 and its 200-day simple moving average is $11.36.

Pioneer Bancorp (NASDAQ:PBFS - Get Free Report) last posted its quarterly 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 Trading of Pioneer Bancorp

Several institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC raised its position in Pioneer Bancorp by 500.0% in the third quarter. Farther Finance Advisors LLC now owns 6,000 shares of the company's stock worth $66,000 after purchasing an additional 5,000 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Pioneer Bancorp by 23.5% in the 4th quarter. Wells Fargo & Company MN now owns 7,836 shares of the company's stock valued at $90,000 after purchasing an additional 1,490 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Pioneer Bancorp by 188.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,120 shares of the company's stock worth $166,000 after buying an additional 9,877 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Pioneer Bancorp by 25.4% during the 4th quarter. Bank of America Corp DE now owns 14,564 shares of the company's stock worth $168,000 after buying an additional 2,950 shares during the period. Finally, Barclays PLC boosted its stake in Pioneer Bancorp by 370.0% in the 3rd quarter. Barclays PLC now owns 18,757 shares of the company's stock valued at $206,000 after buying an additional 14,766 shares in the last quarter.

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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.