Silvergate Capital Co. (NYSE:SI – Get Free Report) shares were up 1.7% during trading on Monday . The company traded as high as $0.31 and last traded at $0.31. Approximately 21,066 shares were traded during trading, a decline of 100% from the average daily volume of 14,795,615 shares. The stock had previously closed at $0.30.
Silvergate Capital Stock Up 1.7 %
The business’s fifty day simple moving average is $0.31 and its 200 day simple moving average is $0.25. The stock has a market cap of $9.66 million, a price-to-earnings ratio of -0.01 and a beta of 2.23. The company has a current ratio of 0.25, a quick ratio of 0.18 and a debt-to-equity ratio of 0.54.
Institutional Investors Weigh In On Silvergate Capital
Hedge funds have recently bought and sold shares of the company. Cubist Systematic Strategies LLC lifted its position in Silvergate Capital by 5.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 9,841 shares of the company’s stock valued at $527,000 after acquiring an additional 533 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Silvergate Capital by 4.5% in the 3rd quarter. Royal Bank of Canada now owns 12,494 shares of the company’s stock valued at $942,000 after purchasing an additional 543 shares during the period. Wasatch Advisors Inc. lifted its holdings in shares of Silvergate Capital by 17.1% in the first quarter. Wasatch Advisors Inc. now owns 3,983 shares of the company’s stock valued at $600,000 after purchasing an additional 582 shares in the last quarter. Vontobel Holding Ltd. boosted its position in shares of Silvergate Capital by 8.0% during the first quarter. Vontobel Holding Ltd. now owns 8,708 shares of the company’s stock worth $1,331,000 after buying an additional 647 shares during the period. Finally, Captrust Financial Advisors grew its holdings in shares of Silvergate Capital by 291.6% during the first quarter. Captrust Financial Advisors now owns 885 shares of the company’s stock worth $133,000 after buying an additional 659 shares in the last quarter. 94.41% of the stock is currently owned by institutional investors and hedge funds.
Silvergate Capital Company Profile
Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings accounts, and certificates of deposit accounts.
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