Heritage Financial Corp. Short Interest Down 48.7% in May (HFWA)
Shares of Heritage Financial Corp. (NASDAQ:HFWA) were the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 1,005,404 shares, a drop of 48.7% from the April 30th total of 1,960,256 shares, Analyst Ratings.Net reports. Based on an average trading volume of 78,726 shares, the days-to-cover ratio is currently 12.8 days. Approximately 6.8% of the company’s shares are sold short.
Heritage Financial Corp. (NASDAQ:HFWA) opened at 15.74 on Thursday. Heritage Financial Corp. has a 52-week low of $13.57 and a 52-week high of $18.64. The stock has a 50-day moving average of $15.98 and a 200-day moving average of $16.93. The company has a market cap of $252.4 million and a P/E ratio of 27.10.
Heritage Financial Corp. (NASDAQ:HFWA) last released its earnings data on Tuesday, April 29th. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.20 by $0.04. Analysts expect that Heritage Financial Corp. will post $0.92 EPS for the current fiscal year.
Heritage Financial Corporation is a bank holding company. The Company is engaged in the business of planning, directing, and coordinating the business activities of its wholly owned subsidiaries: Heritage Bank and Central Valley Bank (NASDAQ:HFWA).
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