Ballston Spa Bancorp Inc. (OTCMKTS:BSPA) Short Interest Down 72.2% in August

Ballston Spa Bancorp Inc. (OTCMKTS:BSPA) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 42 shares, a drop of 72.2% from the August 15th total of 151 shares. Based on an average trading volume of 10 shares, the short-interest ratio is currently 4.2 days. Approximately 0.0% of the shares of the stock are short sold.

Ballston Spa Bancorp Price Performance

Shares of BSPA remained flat at $80.20 during trading hours on Friday. The company has a market cap of $90.63 million, a P/E ratio of -250.62 and a beta of -0.14. Ballston Spa Bancorp has a 12-month low of $65.08 and a 12-month high of $82.92. The stock’s 50-day moving average price is $79.23 and its 200 day moving average price is $76.00.

Ballston Spa Bancorp (OTCMKTS:BSPA) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.65) EPS for the quarter.

About Ballston Spa Bancorp

Ballston Spa Bancorp is the bank holding company for Ballston Spa National Bank, a community-focused financial institution headquartered in Ballston Spa, New York. Through its wholly owned subsidiary, the company provides a range of traditional banking services designed to meet the needs of individual consumers, small businesses and not-for-profit organizations in New York’s Capital Region.

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