Evans Bancorp Inc (NYSEAMERICAN:EVBN) Stock Is Shorted Less

April 17, 2018 - By Clifton Ray

Investors sentiment increased to 2.82 in Q4 2017. Its up 0.82, from 2 in 2017Q3. It increased, as 6 investors sold Evans Bancorp, Inc. shares while 5 reduced holdings. 9 funds opened positions while 22 raised stakes. 2.51 million shares or 3.03% less from 2.59 million shares in 2017Q3 were reported.
Citigroup Inc owns 3,097 shares. Fj Management Lc holds 168,900 shares. Martingale Asset Mgmt Ltd Partnership has invested 0% of its portfolio in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN). 722 are owned by State Bank Of America Corp De. Ameritas Prtn has 0% invested in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) for 406 shares. Rmb Mgmt Limited Liability Corp holds 351,218 shares or 0.38% of its portfolio. Meeder Asset Mngmt holds 69 shares or 0% of its portfolio. 3,113 are held by Grp Incorporated. 164 were accumulated by Qci Asset. Parallax Volatility Advisers Limited Partnership owns 714 shares. Moreover, Manufacturers Life The has 0.02% invested in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN). Federated Invsts Pa reported 0% in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN). Mendon Advsrs Corp has 0.36% invested in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN). Weatherly Asset Mngmt Ltd Partnership stated it has 0.05% of its portfolio in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN). Legal And General Group Plc has invested 0% in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN).

The stock of Evans Bancorp Inc (NYSEAMERICAN:EVBN) registered a decrease of 3.57% in short interest. EVBN’s total short interest was 21,600 shares in April as published by FINRA. Its down 3.57% from 22,400 shares, reported previously. With 12,400 shares average volume, it will take short sellers 2 days to cover their EVBN’s short positions. The short interest to Evans Bancorp Inc’s float is 0.47%.

The stock increased 0.11% or $0.05 during the last trading session, reaching $45.15. About 8,368 shares traded. Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) has risen 15.30% since April 17, 2017 and is uptrending. It has outperformed by 3.75% the S&P500.

Evans Bancorp, Inc. operates as the financial holding firm for Evans Bank, N.A. that provides a range of banking services and products to consumer and commercial clients in Western New York. The company has market cap of $216.16 million. It operates through two divisions, Banking Activities and Insurance Agency Activities. It has a 20.9 P/E ratio. The firm offers deposit products, which include checking and NOW accounts, savings accounts, and certificates of deposit.

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) Institutional Positions Chart

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