What’s Ameriserv Financial Inc (NASDAQ:ASRV) Upside After This Short Interest Decrease?

May 17, 2018 - By Vivian Park

Investors sentiment decreased to 1.56 in 2017 Q4. Its down 0.44, from 2 in 2017Q3. It worsened, as 3 investors sold AmeriServ Financial, Inc. shares while 6 reduced holdings. 3 funds opened positions while 11 raised stakes. 5.13 million shares or 9.34% more from 4.69 million shares in 2017Q3 were reported.
Pinnacle Hldg Ltd Liability holds 185,714 shares. Vanguard Gp holds 0% in AmeriServ Financial, Inc. (NASDAQ:ASRV) or 688,591 shares. Wells Fargo Communication Mn owns 1,143 shares for 0% of their portfolio. Morgan Stanley reported 4,203 shares stake. Stratos Wealth Partners Limited holds 0% of its portfolio in AmeriServ Financial, Inc. (NASDAQ:ASRV) for 869 shares. Massachusetts-based Acadian Asset Limited Liability Company has invested 0% in AmeriServ Financial, Inc. (NASDAQ:ASRV). Royal Bank & Trust Of Canada accumulated 0% or 49,308 shares. Timber Hill Llc reported 57,805 shares or 0.02% of all its holdings. Oppenheimer Close Ltd Liability Com holds 0.44% in AmeriServ Financial, Inc. (NASDAQ:ASRV) or 110,040 shares. S&T Bankshares Pa owns 10,000 shares. Savings Bank Of Ny Mellon Corp has invested 0% in AmeriServ Financial, Inc. (NASDAQ:ASRV). Bridgeway Capital Mngmt reported 321,671 shares. Schulhoff And has 18,000 shares for 0.04% of their portfolio. 146 were reported by Tower Cap Ltd Llc (Trc). California Pub Employees Retirement reported 35,833 shares.

Since December 31, 2017, it had 5 insider buys, and 0 sales for $13,020 activity. STOPKO JEFFREY A had bought 2,500 shares worth $10,250.

The stock of Ameriserv Financial Inc (NASDAQ:ASRV) registered a decrease of 5.14% in short interest. ASRV’s total short interest was 140,300 shares in May as published by FINRA. Its down 5.14% from 147,900 shares, reported previously. With 26,800 shares average volume, it will take short sellers 5 days to cover their ASRV’s short positions. The short interest to Ameriserv Financial Inc’s float is 0.85%.

The stock decreased 0.60% or $0.03 during the last trading session, reaching $4.15. About 8,704 shares traded. AmeriServ Financial, Inc. (NASDAQ:ASRV) has risen 9.33% since May 17, 2017 and is uptrending. It has underperformed by 2.22% the S&P500.

AmeriServ Financial, Inc. operates as a bank holding firm for the AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. The company has market cap of $74.84 million. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; safe deposit boxes, holiday club accounts, money orders, and travelerÂ’s checks. It has a 23.31 P/E ratio. The firm also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers.

More news for AmeriServ Financial, Inc. (NASDAQ:ASRV) were recently published by: Prnewswire.com, which released: “AmeriServ Financial, Inc. to Webcast 2018 Annual Shareholder Meeting: Live Webcast Today” on April 24, 2018. Prnewswire.com‘s article titled: “AmeriServ Financial, Inc. to Webcast 2018 Annual Shareholder Meeting” and published on April 17, 2018 is yet another important article.

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