Ballston Spa Bancorp Inc. (OTCMKTS:BSPA) Shares Shorted: Short Interest Down 59.5% in September

Ballston Spa Bancorp Inc. (OTCMKTS:BSPA) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 17 shares, a decline of 59.5% from the August 31st total of 42 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 108 shares, the short-interest ratio is currently 0.2 days.

Ballston Spa Bancorp Stock Down 0.7%

Shares of BSPA stock traded down $0.54 during mid-day trading on Monday, hitting $81.51. 1,028 shares of the company’s stock were exchanged, compared to its average volume of 413. Ballston Spa Bancorp has a fifty-two week low of $65.08 and a fifty-two week high of $82.92. The stock has a 50-day simple moving average of $80.23 and a two-hundred day simple moving average of $76.38. The stock has a market cap of $92.11 million, a price-to-earnings ratio of -254.72 and a beta of -0.14.

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

About Ballston Spa Bancorp

Ballston Spa Bancorp, Inc is a bank holding company headquartered in Ballston Spa, New York. The company operates through its subsidiary, Ballston Spa National Bank, a community bank serving individuals, families, businesses and organizations in the Capital Region of New York.

Ballston Spa National Bank provides traditional banking products and services, including checking and savings accounts, certificates of deposit, consumer and residential mortgage loans, commercial real estate and business lending, and online and mobile banking.