A Reversal for Carver Bancorp Incorporated (NASDAQ:CARV) Is Near. The Stock Has Decrease in Shorts

September 17, 2017 - By Hazel Jackson

 A Reversal for Carver Bancorp Incorporated (NASDAQ:CARV) Is Near. The Stock Has Decrease in Shorts

Investors sentiment decreased to 0 in 2016 Q4. Its down 1.00, from 1 in 2016Q3. It worsened, as 1 investors sold Carver Bancorp Inc shares while 2 reduced holdings. 0 funds opened positions while 0 raised stakes. 746,328 shares or 0.20% less from 747,816 shares in 2016Q3 were reported.
Prudential Fin holds 0% or 181,033 shares in its portfolio. Tower Rech Cap Ltd (Trc) reported 3,293 shares. Morgan Stanley owns 0% invested in Carver Bancorp Inc (NASDAQ:CARV) for 180,573 shares. Goldman Sachs Gp Inc Inc invested 0% of its portfolio in Carver Bancorp Inc (NASDAQ:CARV). 19,363 are owned by Wells Fargo And Commerce Mn. 181,033 were accumulated by Citigroup.

The stock of Carver Bancorp Incorporated (NASDAQ:CARV) registered a decrease of 28.57% in short interest. CARV’s total short interest was 500 shares in September as published by FINRA. Its down 28.57% from 700 shares, reported previously. With 1,100 shares average volume, it will take short sellers 1 days to cover their CARV’s short positions. The short interest to Carver Bancorp Incorporated’s float is 0.04%.

The stock increased 10.00% or $0.24 on September 15, reaching $2.64. About 294 shares traded. Carver Bancorp Inc (NASDAQ:CARV) has declined 18.75% since September 17, 2016 and is downtrending. It has underperformed by 35.45% the S&P500.

Carver Bancorp, Inc. is the holding firm for Carver Federal Savings Bank , a federally chartered savings bank. The company has market cap of $9.76 million. The Firm conducts business as a unitary savings and loan holding company, and the business of the Company consists of the operation of its subsidiary, Carver Federal. It currently has negative earnings. Carver Federal serves African-American communities whose residents, businesses and institutions had limited access to mainstream financial services.

More notable recent Carver Bancorp Inc (NASDAQ:CARV) news were published by: Prnewswire.com which released: “Carver Bancorp, Inc. Celebrates Black History Month by Ringing The Nasdaq …” on February 02, 2017, also Prnewswire.com with their article: “Carver Bancorp Announces Receipt Of Nasdaq Letter” published on July 21, 2017, Globenewswire.com published: “Carver Bancorp, Inc. Announces Chief Financial Officer Notice of Departure” on January 12, 2016. More interesting news about Carver Bancorp Inc (NASDAQ:CARV) were released by: Quotes.Wsj.com and their article: “Carver Bancorp Inc.” published on February 12, 2011 as well as Globenewswire.com‘s news article titled: “Carver Bancorp, Inc. Reports Removal of Federal Reserve Bank Regulatory Order” with publication date: October 01, 2015.

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