Short Interest in Croghan Bancshares, Inc. (OTCMKTS:CHBH) Rises By 163.9%

Croghan Bancshares, Inc. (OTCMKTS:CHBH) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 161 shares, an increase of 163.9% from the May 14th total of 61 shares. Based on an average daily trading volume, of 980 shares, the short-interest ratio is currently 0.2 days.

Croghan Bancshares Stock Performance

Croghan Bancshares stock traded up $0.21 during midday trading on Friday, reaching $60.26. The company’s stock had a trading volume of 656 shares, compared to its average volume of 1,197. The business has a 50-day moving average price of $59.30 and a 200-day moving average price of $56.22. Croghan Bancshares has a 52 week low of $47.25 and a 52 week high of $61.00.

Croghan Bancshares Company Profile

Croghan Bancshares, Inc is a bank holding company based in Ogdensburg, New York, trading on the OTC Markets under the symbol CHBH. Through its wholly owned subsidiary, Croghan Savings Bank, the company delivers a full suite of retail and commercial banking services. Croghan Savings Bank traces its heritage to 1885, operating as a mutual savings institution committed to serving local customers with personalized financial solutions.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market funds and certificates of deposit.