Citizens Financial Services, Inc. (NASDAQ:CZFS) Short Interest Update

Citizens Financial Services, Inc. (NASDAQ:CZFS) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 41,500 shares, a growth of 23.1% from the November 30th total of 33,700 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 20,000 shares, the short-interest ratio is presently 2.1 days.

Institutional Trading of Citizens Financial Services

Hedge funds and other institutional investors have recently modified their holdings of the business. Rhumbline Advisers boosted its position in Citizens Financial Services by 10.6% during the second quarter. Rhumbline Advisers now owns 5,285 shares of the company’s stock valued at $238,000 after purchasing an additional 505 shares during the last quarter. Barclays PLC raised its stake in shares of Citizens Financial Services by 286.2% during the 3rd quarter. Barclays PLC now owns 5,924 shares of the company’s stock worth $347,000 after purchasing an additional 4,390 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Citizens Financial Services by 177.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,272 shares of the company’s stock valued at $427,000 after buying an additional 4,655 shares during the last quarter. De Lisle Partners LLP lifted its holdings in shares of Citizens Financial Services by 1.0% during the 3rd quarter. De Lisle Partners LLP now owns 15,354 shares of the company’s stock valued at $897,000 after buying an additional 152 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Citizens Financial Services by 22.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 23,761 shares of the company’s stock valued at $1,068,000 after buying an additional 4,369 shares in the last quarter. Institutional investors and hedge funds own 22.49% of the company’s stock.

Citizens Financial Services Trading Up 1.4 %

Shares of Citizens Financial Services stock traded up $1.10 on Tuesday, reaching $65.11. 419 shares of the company were exchanged, compared to its average volume of 12,083. Citizens Financial Services has a fifty-two week low of $38.52 and a fifty-two week high of $75.40. The firm has a market capitalization of $309.92 million, a price-to-earnings ratio of 11.25 and a beta of 0.53. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.78. The stock has a fifty day moving average price of $66.72 and a 200-day moving average price of $56.18.

Citizens Financial Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were paid a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a yield of 3.01%. The ex-dividend date of this dividend was Friday, December 13th. Citizens Financial Services’s dividend payout ratio (DPR) is currently 33.85%.

Citizens Financial Services Company Profile

Citizens Financial Services, Inc, a bank holding company, provides various banking products and services for individual, business, governmental, and institutional customers. The company accepts various deposit products, such as checking, savings, and time deposit accounts. Its loan products include residential, commercial, and agricultural real estate loans; commercial and industrial loans; state and political subdivision loans; and consumer loans, as well as various other specialized financial services.