The stock of Washingtonfirst Bankshares Incorporated (NASDAQ:WFBI) registered a decrease of 7.46% in short interest. WFBI’s total short interest was 191,000 shares in September as published by FINRA. Its down 7.46% from 206,400 shares, reported previously. With 13,700 shares average volume, it will take short sellers 14 days to cover their WFBI’s short positions. The short interest to Washingtonfirst Bankshares Incorporated’s float is 2.78%. The stock decreased 1.24% or $0.31 during the last trading session, hitting $24.59. WashingtonFirst Bankshares Inc (NASDAQ:WFBI) has risen 17.10% since February 25, 2016 and is uptrending. It has outperformed by 5.84% the S&P500.
WashingtonFirst Bankshares, Inc. is a bank holding company. The company has a market cap of $307.84 million. The Company, through its subsidiary, WashingtonFirst Bank , operates approximately 20 banking offices throughout the Washington, District of Columbia (D.C.) metropolitan area. It has a 19.11 P/E ratio. The Company’s divisions include traditional commercial banking, a mortgage banking business and a wealth management business.
Insitutional Activity: The institutional sentiment increased to 2.29 in Q2 2016. Its up 0.20, from 2.09 in 2016Q1. The ratio increased, as 7 funds sold all WashingtonFirst Bankshares Inc shares owned while 7 reduced positions. 17 funds bought stakes while 15 increased positions. They now own 5.03 million shares or 8.93% more from 4.62 million shares in 2016Q1.
Endicott Management Co holds 5.25% of its portfolio in WashingtonFirst Bankshares Inc for 665,745 shares. Castle Creek Capital Partners Iv Lp owns 414,337 shares or 4.31% of their US portfolio. Moreover, Valentine Ventures Llc has 0.74% invested in the company for 29,903 shares. The New York-based Basswood Capital Management L.L.C. has invested 0.58% in the stock. Maltese Capital Management Llc, a New York-based fund reported 195,000 shares.
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