Could Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Go Up After Its Newest Short Interest Report?

Investors sentiment decreased to 1.3 in 2019 Q1. Its down 0.32, from 1.62 in 2018Q4. It worsened, as 11 investors sold Seacoast Banking Corporation of Florida shares while 42 reduced holdings. 17 funds opened positions while 52 raised stakes. 42.13 million shares or 1.00% more from 41.71 million shares in 2018Q4 were reported.
Hillcrest Asset Mgmt Ltd Limited Liability Company reported 504,132 shares. Great West Life Assurance Co Can has invested 0% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Tennessee-based Pinnacle Fincl Prtnrs Inc has invested 0.06% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Jpmorgan Chase & stated it has 361,289 shares or 0% of all its holdings. Moody Bancorporation Trust Division reported 0% of its portfolio in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Citigroup invested 0% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Moreover, Palisades Hudson Asset Mgmt L P has 0.18% invested in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) for 10,386 shares. Thrivent Fincl For Lutherans stated it has 1.18 million shares or 0.1% of all its holdings. Bnp Paribas Arbitrage Sa invested 0% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Brown Advisory has invested 0% of its portfolio in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Vanguard Grp Inc reported 3.06M shares. State Street Corp has 1.67M shares for 0% of their portfolio. The Missouri-based Century has invested 0.01% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Kbc Gru Nv invested in 17,167 shares. Oregon-based Oregon Public Employees Retirement Fund has invested 0.01% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF).

The stock of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) registered an increase of 3.44% in short interest. SBCF’s total short interest was 2.07 million shares in September as published by FINRA. Its up 3.44% from 2.00 million shares, reported previously. With 202,400 shares average volume, it will take short sellers 10 days to cover their SBCF’s short positions.

The stock increased 2.15% or $0.52 during the last trading session, reaching $24.66. About 128,565 shares traded. Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has declined 5.69% since September 11, 2018 and is downtrending. It has underperformed by 5.69% the S&P500.

Seacoast Banking Corporation of Florida operates as the bank holding firm for Seacoast National Bank that provides community banking services to the commercial, small business, and retail clients in Florida. The company has market cap of $1.27 billion. It offers various transaction and savings deposit products; secured and unsecured loan products, including revolving credit facilities, letters of credit and related financial guarantees, and asset based financing; and securities and annuity products. It has a 16.04 P/E ratio. The firm also provides trust and asset management services to retirement plans, firms, and individuals; treasury management services; brokerage services; and Internet and mobile banking services.

More notable recent Seacoast Banking Corporation of Florida (NASDAQ:SBCF) news were published by: Globenewswire.com which released: “Seacoast Banking Corporation of Florida to Announce Fourth Quarter Earnings Results January 24 – GlobeNewswire” on January 02, 2019, also Finance.Yahoo.com with their article: “Here’s What Seacoast Banking Corporation of Florida’s (NASDAQ:SBCF) P/E Is Telling Us – Yahoo Finance” published on May 10, 2019, Bizjournals.com published: “Investment in Tampa bank is about to pay off in a big way for local entrepreneur, real estate firm – Tampa Bay Business Journal” on December 21, 2016. More interesting news about Seacoast Banking Corporation of Florida (NASDAQ:SBCF) were released by: Globenewswire.com and their article: “Seacoast to Acquire First Green Bancorp, Inc., Expanding Its Presence in the Attractive Orlando and Fort Lauderdale Markets – GlobeNewswire” published on June 11, 2018 as well as Globenewswire.com‘s news article titled: “Talend Enables Seacoast Bank to Ensure Compliance and Achieve Faster Analysis – GlobeNewswire” with publication date: April 29, 2019.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.