Short Interest in Park National Corp. Rises By 3.0% (PRK)
Shares of Park National Corp. (NYSE:PRK) were the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 841,001 shares, a growth of 3.0% from the April 30th total of 816,221 shares, Analyst Ratings Network reports. Approximately 5.7% of the company’s stock are short sold. Based on an average trading volume of 34,563 shares, the short-interest ratio is currently 24.3 days.
Shares of Park National Corp. (NYSE:PRK) opened at 74.62 on Thursday. Park National Corp. has a one year low of $67.55 and a one year high of $86.78. The stock’s 50-day moving average is $73.33 and its 200-day moving average is $78.30. The company has a market cap of $1.149 billion and a P/E ratio of 15.06.
Park National Corp. (NYSE:PRK) last released its earnings data on Monday, April 28th. The company reported $1.27 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.21 by $0.06. Analysts expect that Park National Corp. will post $4.93 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, June 10th. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 5.04%. The ex-dividend date is Wednesday, May 21st.
Park National Corporation (NYSE:PRK), is a bank holding company.
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