Towne Bank (NASDAQ:TOWN) Sellers Reduced Their Shorts By 10.49% As Of Feb 17, 2019

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Change of 10.49% for Towne Bank (NASDAQ:TOWN)’s shares shorted was noted. In February was announced TOWN’s total 649,400 shares shorted by FINRA. That’s 10.49% down from 725,500 shares. 7 days will cost TOWN with 95,800 average volume to restore its former position.

The stock increased 3.24% or $0.87 during the last trading session, hitting $27.76.TowneBank has 168,408 shares volume, 35.01% up from normal. TOWN is downtrending and has moved 21.47% since February 17, 2018. TOWN underperformed the S&P500 by 21.47%.

TowneBank provides retail and commercial banking services for small- and medium-size businesses, professionals, and individuals.The firm is worth $1.99 billion. The firm operates in three divisions: Banking, Realty, and Insurance.14.77 is the P/E ratio. It accepts various deposits products, including demand deposits, negotiable order of withdrawal accounts, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts.

For more TowneBank (NASDAQ:TOWN) news posted recently go to: Nasdaq.com, Nasdaq.com, Nasdaq.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “Holiday Island Holdings Announces the use of Twitter as a Form of Investor Communication and Reiterates Its Agreement with a Private Investment Firm to Raise $5 – $20 Million – Nasdaq” posted on February 12, 2019, “TowneBank (TOWN) Reports Next Week: Wall Street Expects Earnings Growth – Nasdaq” on January 17, 2019, “China’s military-run space station in Argentina is a ‘black box’ – Nasdaq” with a publish date: January 31, 2019, “The men who would lead Nigeria: the presidency, power and petroleum – Nasdaq” and the last “Brazil eyes management overhaul for Vale after dam disaster – Nasdaq” with publication date: January 28, 2019.

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