Allegiance Bancshares Inc (NASDAQ:ABTX) Shorts Increased By 36.4%

April 17, 2018 - By Sheila Anderson

Allegiance Bancshares Inc (NASDAQ:ABTX) showed an increase of 36.4% in shorted shares. FINRA announced shorted shares of ABTX’s total 409,200 shares. That’s 36.4% up from 300,000 shares. With Average volume 45,200, ABTX’s previous position will take 9 days to recover. Float short on Allegiance Bancshares Inc is 3.59%.

Its shares touched $40.85 on during the last trading session after 0.86% change.Allegiance Bancshares, Inc. has volume of 20,417 shares. Since April 17, 2017 ABTX has risen 12.29% and is uptrending. ABTX outperformed by 0.74% the S&P500.

Allegiance Bancshares, Inc. operates as the bank holding firm for Allegiance Bank that provides a range of commercial banking services primarily to small and medium-sized businesses, professionals, and individual customers.The firm is worth $542.68 million. It accepts deposit products, including checking accounts, commercial accounts, savings accounts, and other time deposits comprising money market accounts and certificates of deposit.31.18 is the P/E ratio. The firm also grants various loan products, such as commercial and industrial loans; mortgage warehouse loans; commercial real estate loans, including multi-family residential loans; commercial real estate construction and land development loans; residential real estate loans, such as 1-4 family residential mortgage loans; residential construction loans; and consumer and other loans.

Allegiance Bancshares, Inc. (NASDAQ:ABTX) Analyst Ratings Chart

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