Short Interest in Great Southern Bancorp, Inc. (NASDAQ:GSBC) Rises By 14.3%

Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 134,900 shares, an increase of 14.3% from the May 31st total of 118,000 shares. Currently, 1.6% of the company’s stock are short sold. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is presently 5.5 days.

Insider Activity

In other Great Southern Bancorp news, VP Kevin L. Baker sold 625 shares of the stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $53.60, for a total value of $33,500.00. Following the completion of the transaction, the vice president now owns 13 shares in the company, valued at $696.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 27.73% of the stock is currently owned by company insiders.

Institutional Trading of Great Southern Bancorp

Several institutional investors have recently bought and sold shares of the company. Commerce Bank lifted its stake in shares of Great Southern Bancorp by 5.1% in the fourth quarter. Commerce Bank now owns 8,230 shares of the financial services provider’s stock worth $488,000 after buying an additional 400 shares in the last quarter. EntryPoint Capital LLC boosted its stake in Great Southern Bancorp by 130.5% during the 1st quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 543 shares during the last quarter. EMC Capital Management raised its stake in shares of Great Southern Bancorp by 33.4% in the first quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock worth $246,000 after purchasing an additional 1,123 shares during the last quarter. Wedge Capital Management L L P NC lifted its holdings in shares of Great Southern Bancorp by 19.1% during the fourth quarter. Wedge Capital Management L L P NC now owns 8,726 shares of the financial services provider’s stock valued at $518,000 after purchasing an additional 1,401 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Great Southern Bancorp by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 106,594 shares of the financial services provider’s stock valued at $5,108,000 after buying an additional 1,430 shares during the last quarter. 41.66% of the stock is owned by hedge funds and other institutional investors.

Great Southern Bancorp Stock Down 0.7 %

Shares of GSBC stock traded down $0.39 during trading hours on Monday, hitting $54.82. 4,459 shares of the company’s stock traded hands, compared to its average volume of 27,498. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.18. The stock’s fifty day simple moving average is $52.60 and its two-hundred day simple moving average is $53.49. Great Southern Bancorp has a 12-month low of $45.66 and a 12-month high of $61.94. The stock has a market cap of $639.20 million, a price-to-earnings ratio of 10.93 and a beta of 0.64.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data on Wednesday, April 17th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.09. Great Southern Bancorp had a return on equity of 10.97% and a net margin of 18.31%. The business had revenue of $51.62 million during the quarter, compared to analysts’ expectations of $52.26 million. On average, analysts expect that Great Southern Bancorp will post 4.79 EPS for the current year.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 16th. Investors of record on Monday, July 1st will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date of this dividend is Monday, July 1st. Great Southern Bancorp’s payout ratio is 31.43%.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.