Bofi Holding Incorporated (NASDAQ:BOFI) Shorted Shares Decreased By 2.9%

September 17, 2017 - By Marry Poplack

 Bofi Holding Incorporated (NASDAQ:BOFI) Shorted Shares Decreased By 2.9%

Investors sentiment decreased to 1.15 in 2016 Q4. Its down 0.02, from 1.17 in 2016Q3. It turned negative, as 24 investors sold BofI Holding, Inc. shares while 68 reduced holdings. 38 funds opened positions while 68 raised stakes. 54.41 million shares or 0.08% more from 54.37 million shares in 2016Q3 were reported.
Parkside Retail Bank And Tru owns 29 shares. 3.24 million were reported by Ameriprise. Citigroup has 0% invested in BofI Holding, Inc. (NASDAQ:BOFI). Ns Advisors Llc accumulated 221,446 shares. Gmt Capital stated it has 181,400 shares. Ftb Advsr holds 67 shares or 0% of its portfolio. State Of Alaska Department Of Revenue invested in 0.02% or 6,230 shares. Glenmede Tru Na, Pennsylvania-based fund reported 24,594 shares. Moreover, Riverhead Cap Management Lc has 0.01% invested in BofI Holding, Inc. (NASDAQ:BOFI). Rice Hall James And Assoc Ltd Liability Corp invested 0.72% of its portfolio in BofI Holding, Inc. (NASDAQ:BOFI). Prudential Public Limited holds 546,100 shares. Pub Sector Pension Inv Board invested in 0.01% or 40,604 shares. State Of Wisconsin Board holds 0.04% or 336,905 shares. Metropolitan Life Insur Communications Ny invested 0.01% in BofI Holding, Inc. (NASDAQ:BOFI). Cortina Asset Mgmt Ltd Liability owns 441,796 shares for 0.53% of their portfolio.

The stock of Bofi Holding Incorporated (NASDAQ:BOFI) registered a decrease of 2.9% in short interest. BOFI’s total short interest was 23.07 million shares in September as published by FINRA. Its down 2.9% from 23.75 million shares, reported previously. With 438,800 shares average volume, it will take short sellers 53 days to cover their BOFI’s short positions. The short interest to Bofi Holding Incorporated’s float is 41.36%.

The stock increased 0.57% or $0.15 on September 15, reaching $26.29. About 772,554 shares traded or 48.01% up from the average. BofI Holding, Inc. (NASDAQ:BOFI) has risen 28.16% since September 17, 2016 and is uptrending. It has outperformed by 11.46% the S&P500.

BofI Holding, Inc. is the holding firm for BofI Federal Bank (the Bank). The company has market cap of $1.67 billion. The Bank is a diversified financial services company. It has a 12.88 P/E ratio. The Bank provides consumer and business banking products through its branchless, low-cost distribution channels and affinity partners.

BofI Holding, Inc. (NASDAQ:BOFI) Ratings Coverage

Among 6 analysts covering Bofl Holding Inc (NASDAQ:BOFI), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Bofl Holding Inc had 11 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of BofI Holding, Inc. (NASDAQ:BOFI) earned “Strong Buy” rating by Raymond James on Friday, September 4. Sandler O’Neill upgraded BofI Holding, Inc. (NASDAQ:BOFI) on Thursday, October 15 to “Buy” rating. FBR Capital maintained it with “Outperform” rating and $132 target in Friday, July 31 report. The firm has “Buy” rating by DA Davidson given on Thursday, October 15. The rating was maintained by FBR Capital on Monday, November 23 with “Outperform”. The stock of BofI Holding, Inc. (NASDAQ:BOFI) earned “Neutral” rating by DA Davidson on Thursday, August 6.

More notable recent BofI Holding, Inc. (NASDAQ:BOFI) news were published by: Fool.com which released: “Why I Love BofI Holding Inc.” on August 24, 2017, also Nasdaq.com with their article: “BofI Holding Inc (BOFI) Files 10-K for the Fiscal Year Ended on June 30, 2017” published on August 25, 2017, Fool.com published: “BofI Holding, Inc. Banks Record Profits, but Wall Street Revisions Weigh on Stock” on April 26, 2017. More interesting news about BofI Holding, Inc. (NASDAQ:BOFI) were released by: Fool.com and their article: “Why shareholders might be worried” published on June 09, 2017 as well as Fool.com‘s news article titled: “BofI Holding, Inc. Continues to Bank Big Returns, Investing in Keeping the …” with publication date: August 01, 2017.

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