Guaranty Bancshares, Inc. (NASDAQ:GNTY – Get Rating) was the target of a significant decline in short interest in the month of December. As of December 30th, there was short interest totalling 63,800 shares, a decline of 6.5% from the December 15th total of 68,200 shares. Based on an average daily trading volume, of 13,100 shares, the short-interest ratio is presently 4.9 days. Currently, 0.7% of the shares of the company are sold short.
Guaranty Bancshares Trading Down 2.2 %
NASDAQ GNTY opened at $33.29 on Wednesday. The company has a market capitalization of $397.48 million, a PE ratio of 9.94 and a beta of 0.42. The company has a fifty day moving average of $34.94 and a 200 day moving average of $35.51. Guaranty Bancshares has a 1 year low of $33.29 and a 1 year high of $38.50. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.84 and a quick ratio of 0.84.
Guaranty Bancshares Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 11th. Investors of record on Saturday, December 31st were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, December 29th. This represents a $0.88 dividend on an annualized basis and a yield of 2.64%. Guaranty Bancshares’s dividend payout ratio is presently 26.27%.
Insider Transactions at Guaranty Bancshares
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GNTY. Amalgamated Bank acquired a new position in Guaranty Bancshares during the first quarter valued at $34,000. Allspring Global Investments Holdings LLC increased its holdings in Guaranty Bancshares by 300.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,172 shares of the company’s stock valued at $40,000 after buying an additional 879 shares in the last quarter. SG Americas Securities LLC purchased a new position in Guaranty Bancshares in the second quarter valued at $122,000. BNP Paribas Arbitrage SA increased its holdings in Guaranty Bancshares by 141.1% in the second quarter. BNP Paribas Arbitrage SA now owns 3,877 shares of the company’s stock valued at $141,000 after buying an additional 2,269 shares in the last quarter. Finally, MetLife Investment Management LLC increased its holdings in Guaranty Bancshares by 57.0% in the first quarter. MetLife Investment Management LLC now owns 4,563 shares of the company’s stock valued at $160,000 after buying an additional 1,657 shares in the last quarter. 24.17% of the stock is currently owned by institutional investors and hedge funds.
About Guaranty Bancshares
Guaranty Bancshares, Inc is a bank holding company, which engages in the provision of financial products and services. It offers online banking and bill pay, fraud protection, person-to-person payments, direct deposits, personal loans, auto loans, student checking, and premium checking. The company was founded on January 13, 1913 and is headquartered in Addison, TX.
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