Logansport Financial Corp. (OTCMKTS:LOGN) Stock Short Interest Report for September

Logansport Financial Corp. (OTCMKTS:LOGN) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 433 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 567 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. QRG Capital Management Inc. bought a new stake in Logansport Financial in the 2nd quarter worth $1,000,000. denkapparat Operations GmbH bought a new position in Logansport Financial during the 2nd quarter valued at approximately $540,000. Finally, Corient Private Wealth LP purchased a new stake in Logansport Financial in the 2nd quarter worth approximately $472,000.

Logansport Financial Stock Up 3.3%

LOGN stock traded up $1.22 during mid-day trading on Wednesday, reaching $38.22. 1,000 shares of the company traded hands, compared to its average volume of 627. The firm’s 50 day moving average price is $36.83 and its 200 day moving average price is $34.00. Logansport Financial has a fifty-two week low of $29.55 and a fifty-two week high of $38.54. The stock has a market cap of $23.70 million, a price-to-earnings ratio of 11.62 and a beta of 0.20.

Logansport Financial (OTCMKTS:LOGN) last posted its quarterly earnings data on Friday, July 24th. The company reported $0.82 earnings per share (EPS) for the quarter. The company had revenue of $2.62 million for the quarter.

Logansport Financial Company Profile

Logansport Financial Corporation is a bank holding company based in Logansport, Indiana. Through its subsidiary, Logansport Savings Bank, the company provides community banking services to individuals, families and businesses.

Logansport Savings Bank’s services include deposit accounts, consumer and commercial lending, residential real estate loans, and other traditional banking products. The bank serves customers primarily in Logansport and surrounding communities in north-central Indiana through its local banking operations.

As a community-focused financial institution, Logansport Financial emphasizes relationship banking and serving the financial needs of its local market.