Territorial Bancorp Inc. (NASDAQ:TBNK) Short Interest Update

Territorial Bancorp Inc. (NASDAQ:TBNK) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 10,300 shares, a decline of 17.6% from the December 31st total of 12,500 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 22,400 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Territorial Bancorp

Institutional investors have recently made changes to their positions in the stock. CKW Financial Group bought a new stake in Territorial Bancorp during the 4th quarter worth approximately $35,000. Atria Investments Inc raised its position in shares of Territorial Bancorp by 12.7% in the third quarter. Atria Investments Inc now owns 12,204 shares of the financial services provider’s stock worth $127,000 after buying an additional 1,380 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Territorial Bancorp by 944.0% during the third quarter. International Assets Investment Management LLC now owns 34,452 shares of the financial services provider’s stock valued at $3,300,000 after buying an additional 31,152 shares during the period. Four Tree Island Advisory LLC purchased a new position in Territorial Bancorp during the fourth quarter worth about $364,000. Finally, Oddo BHF Asset Management Sas purchased a new position in Territorial Bancorp during the third quarter worth about $3,726,000. Hedge funds and other institutional investors own 50.35% of the company’s stock.

Territorial Bancorp Stock Performance

TBNK traded up $0.02 during trading hours on Friday, hitting $9.03. The stock had a trading volume of 31,438 shares, compared to its average volume of 18,541. Territorial Bancorp has a 1 year low of $6.92 and a 1 year high of $11.44. The company’s fifty day simple moving average is $9.82 and its 200 day simple moving average is $9.97. The stock has a market cap of $79.75 million, a PE ratio of -34.73 and a beta of 0.62. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.71.

Territorial Bancorp (NASDAQ:TBNK) last posted its earnings results on Friday, January 31st. The financial services provider reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.18). Territorial Bancorp had a negative return on equity of 0.90% and a negative net margin of 3.01%.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Territorial Bancorp in a research note on Friday. They set a “hold” rating for the company.

Territorial Bancorp Company Profile

Territorial Bancorp Inc operates as the holding company for Territorial Savings Bank that engages in the provision of various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings, money market, commercial and regular checking, and Super NOW accounts, as well as certificates of deposit.