Croghan Bancshares (OTCMKTS:CHBH) Stock Price Down 0.2% – Time to Sell?

Croghan Bancshares, Inc. (OTCMKTS:CHBH) shares fell 0.2% during mid-day trading on Monday . The stock traded as low as $71.15 and last traded at $71.15. 571 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 993 shares. The stock had previously closed at $71.26.

Croghan Bancshares Stock Performance

The business has a 50-day moving average price of $70.13 and a two-hundred day moving average price of $62.98.

Hedge Funds Weigh In On Croghan Bancshares

An institutional investor recently bought a new position in Croghan Bancshares stock. Compass Financial Management LLC bought a new position in shares of Croghan Bancshares, Inc. (OTCMKTS:CHBH) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 1,012 shares of the company’s stock, valued at approximately $62,000.

About Croghan Bancshares

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.