Great Western Bancorp (GWB) : The short interest in Great Western Bancorp (GWB) has changed with an increase of 77,301 shares and the open interest is 3.1%. From 2,458,465 short positions on Jul 29, 2016, the shorts increased to 2,535,766 shares by August 15, 2016. There are 8 more days left for the expiry and the daily trading volume of the stock is 318,670 shares. The total interest of shorts is 4.6% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.
Great Western Bancorp (NYSE:GWB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.58 and $32.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $32.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.54, notching a gain of 0.06% for the day. The total traded volume was 205,705 . The stock had closed at $32.52 on the previous day.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Great Western Bancorp, Inc., Henning Thomas Edward, had purchased 3,000 shares in a transaction dated on February 18, 2016. The transaction was executed at $22.81 per share with total amount equaling $68,430.
Great Western Bancorp, Inc. is a full-service regional bank holding company focused on relationship-based business and agribusiness banking. The Bank serves its customers through 162 branches in attractive markets in seven states: South Dakota, Iowa, Nebraska, Colorado, Arizona, Kansas and Missouri. It focuses on business and agribusiness banking, complemented by retail banking and wealth management services. Its loan portfolio consists primarily of business loans, comprised of commercial and industrial, which it refer to as commercial non-real estate, and commercial real estate (CRE), loans, and agribusiness loans. As of June 30, 2014, its business and agribusiness loans collectively accounted for 85% of its total loan portfolio. It also provides a range of deposit and loan products to its retail customers through several channels, including its branch network, online banking system, mobile banking applications and customer care centers.