Park National Corp. Sees Significant Decrease in Short Interest (PRK)
Shares of Park National Corp. (NYSE:PRK) were the target of a large drop in short interest in the month of January. As of March 31st, there was short interest totalling 814,059 shares, a drop of 1.1% from the March 14th total of 805,301 shares, StockRatingsNetwork reports. Currently, 5.5% of the company’s shares are sold short. Based on an average daily trading volume, of 28,988 shares, the short-interest ratio is presently 28.1 days.
Park National Corp. (NYSE:PRK) opened at 73.25 on Monday. Park National Corp. has a one year low of $66.00 and a one year high of $86.78. The stock’s 50-day moving average is $77.25 and its 200-day moving average is $79.76. The company has a market cap of $1.127 billion and a P/E ratio of 14.75.
Park National Corp. (NYSE:PRK) last posted its quarterly earnings results on Monday, January 27th. The company reported $1.13 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.23 by $0.10. Analysts expect that Park National Corp. will post $4.97 EPS for the current fiscal year.
Park National Corporation (NYSE:PRK), is a bank holding company.
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