Short Interest in Ballston Spa Bancorp Inc. (OTCMKTS:BSPA) Decreases By 72.2%

Ballston Spa Bancorp Inc. (OTCMKTS:BSPA) was the target of a significant drop in short interest in 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. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 10 shares, the short-interest ratio is presently 4.2 days.

Ballston Spa Bancorp Stock Performance

Shares of BSPA stock opened at $80.20 on Monday. Ballston Spa Bancorp has a 1-year low of $65.08 and a 1-year high of $82.92. The company has a market capitalization of $90.63 million, a price-to-earnings ratio of -250.62 and a beta of -0.14. The stock’s fifty day simple moving average is $79.23 and its 200-day simple moving average is $76.00.

Ballston Spa Bancorp (OTCMKTS:BSPA) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.65) earnings per share (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.