Could Bsb Bancorp Incorporated (NASDAQ:BLMT) Skyrocket? The Stock Has Too Many Sellers

September 17, 2017 - By Maria Brooks

 Could Bsb Bancorp Incorporated (NASDAQ:BLMT) Skyrocket? The Stock Has Too Many Sellers

Investors sentiment increased to 1.94 in 2016 Q4. Its up 0.48, from 1.46 in 2016Q3. It increased, as 3 investors sold BSB Bancorp Inc shares while 13 reduced holdings. 10 funds opened positions while 21 raised stakes. 4.51 million shares or 4.83% more from 4.30 million shares in 2016Q3 were reported.
Creative Planning reported 4,386 shares or 0% of all its holdings. Bridgeway Capital Management has 0.03% invested in BSB Bancorp Inc (NASDAQ:BLMT) for 69,933 shares. Parametric Assocs Llc invested in 7,968 shares. Ontario – Canada-based Royal Bank & Trust Of Canada has invested 0% in BSB Bancorp Inc (NASDAQ:BLMT). Blackrock Fund Advsr has 0% invested in BSB Bancorp Inc (NASDAQ:BLMT). Renaissance Technology Ltd Company has 250,211 shares. The New York-based Natl Bank Of Mellon has invested 0% in BSB Bancorp Inc (NASDAQ:BLMT). Moreover, Blackrock Inc has 0% invested in BSB Bancorp Inc (NASDAQ:BLMT). Wells Fargo And Mn reported 8,386 shares or 0% of all its holdings. Mendon Advsr invested in 20,839 shares. Panagora Asset Mngmt invested in 0% or 751 shares. Tiaa Cref Inv Management Limited Liability owns 24,944 shares. Blackrock Invest Mgmt Lc holds 0% of its portfolio in BSB Bancorp Inc (NASDAQ:BLMT) for 35,052 shares. Nationwide Fund Advsrs stated it has 0% in BSB Bancorp Inc (NASDAQ:BLMT). Geode Capital Mngmt Llc reported 53,934 shares.

The stock of Bsb Bancorp Incorporated (NASDAQ:BLMT) registered an increase of 7.63% in short interest. BLMT’s total short interest was 169,200 shares in September as published by FINRA. Its up 7.63% from 157,200 shares, reported previously. With 6,100 shares average volume, it will take short sellers 28 days to cover their BLMT’s short positions. The short interest to Bsb Bancorp Incorporated’s float is 2.43%.

The stock increased 0.35% or $0.1 on September 15, reaching $28.45. About 34,693 shares traded or 259.36% up from the average. BSB Bancorp Inc (NASDAQ:BLMT) has risen 33.12% since September 17, 2016 and is uptrending. It has outperformed by 16.42% the S&P500.

BSB Bancorp, Inc. is a bank holding firm of Belmont Savings Bank (the Bank). The company has market cap of $275.87 million. The Company’s Belmont Savings Bank is a chartered savings bank. It has a 18.34 P/E ratio. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from activities and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities.

More news for BSB Bancorp Inc (NASDAQ:BLMT) were recently published by: Prnewswire.com, which released: “BSB Bancorp, Inc., parent of Belmont Savings Bank, Appoints Longtime Belmont …” on June 15, 2017. Marketwatch.com‘s article titled: “28.20” and published on October 09, 2011 is yet another important article.

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