Winchester Bancorp, Inc. (NASDAQ:WSBK) Sees Significant Growth in Short Interest

Winchester Bancorp, Inc. (NASDAQ:WSBK) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 20,515 shares, a growth of 67.0% from the September 15th total of 12,283 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 6,079 shares, the days-to-cover ratio is presently 3.4 days.

Winchester Bancorp Stock Performance

NASDAQ:WSBK opened at $12.94 on Friday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a 50-day simple moving average of $12.94 and a two-hundred day simple moving average of $12.92. The firm has a market capitalization of $120.34 million, a PE ratio of 26.35 and a beta of -0.33. Winchester Bancorp has a 52-week low of $9.46 and a 52-week high of $13.39.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Winchester Bancorp in a research report on Thursday, August 27th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Northstar Financial Companies Inc. bought a new position in shares of Winchester Bancorp during the 2nd quarter valued at approximately $920,000. Renaissance Technologies LLC boosted its stake in Winchester Bancorp by 17.0% in the 1st quarter. Renaissance Technologies LLC now owns 31,000 shares of the company’s stock worth $394,000 after purchasing an additional 4,498 shares during the period. RFG Bristol Wealth Advisors LLC boosted its stake in Winchester Bancorp by 170.7% in the 3rd quarter. RFG Bristol Wealth Advisors LLC now owns 27,500 shares of the company’s stock worth $355,000 after purchasing an additional 17,342 shares during the period. BlackRock Inc. purchased a new stake in Winchester Bancorp during the 2nd quarter valued at approximately $187,000. Finally, Eastern Bank grew its holdings in Winchester Bancorp by 60.0% during the 2nd quarter. Eastern Bank now owns 4,000 shares of the company’s stock valued at $53,000 after buying an additional 1,500 shares in the last quarter.

Winchester Bancorp Company Profile

Winchester Bancorp, Inc is the holding company for Winchester Savings Bank, a community bank headquartered in Winchester, Massachusetts. Founded in 1871, the bank serves individuals, families, businesses and nonprofit organizations in Winchester and surrounding communities in the Greater Boston area.

Winchester Savings Bank offers deposit products, including checking, savings, money market and certificate accounts, as well as residential mortgage, home equity, commercial real estate, commercial and industrial, and consumer loans.