Short Interest in Winchester Bancorp, Inc. (NASDAQ:WSBK) Drops By 30.5%

Winchester Bancorp, Inc. (NASDAQ:WSBK) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 19,882 shares, a decrease of 30.5% from the March 15th total of 28,599 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,439 shares, the short-interest ratio is currently 4.5 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Winchester Bancorp in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Winchester Bancorp has an average rating of “Sell”.

Winchester Bancorp Trading Up 0.5%

NASDAQ WSBK opened at $13.06 on Wednesday. The stock has a market capitalization of $121.42 million and a P/E ratio of 56.77. Winchester Bancorp has a 52-week low of $8.76 and a 52-week high of $13.39. The firm has a 50-day moving average price of $12.80 and a 200 day moving average price of $11.03. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.21.

Winchester Bancorp (NASDAQ:WSBK) last posted its quarterly earnings results on Wednesday, January 28th. The company reported $0.12 earnings per share (EPS) for the quarter. Winchester Bancorp had a net margin of 2.98% and a return on equity of 1.32%. The firm had revenue of $6.44 million during the quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Mangrove Partners IM LLC increased its holdings in Winchester Bancorp by 10.6% in the third quarter. Mangrove Partners IM LLC now owns 186,949 shares of the company’s stock valued at $1,785,000 after buying an additional 17,851 shares in the last quarter. M3F Inc. increased its holdings in Winchester Bancorp by 39.2% in the third quarter. M3F Inc. now owns 82,552 shares of the company’s stock valued at $788,000 after buying an additional 23,229 shares in the last quarter. M3 Wealth Management LLC purchased a new position in Winchester Bancorp in the fourth quarter valued at about $732,000. Integrated Wealth Concepts LLC increased its holdings in Winchester Bancorp by 3.6% in the fourth quarter. Integrated Wealth Concepts LLC now owns 57,000 shares of the company’s stock valued at $596,000 after buying an additional 2,000 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new position in Winchester Bancorp in the fourth quarter valued at about $277,000.

About Winchester Bancorp

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.