Great Southern Bancorp, Inc. (NASDAQ:GSBC) Short Interest Update

Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw a large increase in short interest in 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. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is currently 5.5 days.

Insider Transactions at Great Southern Bancorp

In related news, VP Kevin L. Baker sold 625 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $696.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 27.73% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Great Southern Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EntryPoint Capital LLC boosted its stake in shares of Great Southern Bancorp by 130.5% during the first 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 in the last quarter. Comerica Bank acquired a new stake in Great Southern Bancorp during the 1st quarter worth approximately $173,000. EMC Capital Management grew its holdings in Great Southern Bancorp by 33.4% during the 1st quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock worth $246,000 after acquiring an additional 1,123 shares during the last quarter. BNP Paribas Financial Markets increased its position in Great Southern Bancorp by 79.2% in the 1st quarter. BNP Paribas Financial Markets now owns 4,531 shares of the financial services provider’s stock valued at $248,000 after acquiring an additional 2,002 shares during the period. Finally, Commerce Bank raised its stake in shares of Great Southern Bancorp by 5.1% during the fourth quarter. Commerce Bank now owns 8,230 shares of the financial services provider’s stock valued at $488,000 after acquiring an additional 400 shares during the last quarter. Institutional investors own 41.66% of the company’s stock.

Great Southern Bancorp Price Performance

GSBC traded down $0.72 during trading on Wednesday, hitting $54.44. 4,506 shares of the stock traded hands, compared to its average volume of 27,352. The business has a 50 day moving average price of $52.66 and a 200 day moving average price of $53.43. The company has a market cap of $634.77 million, a price-to-earnings ratio of 10.84 and a beta of 0.64. Great Southern Bancorp has a twelve month low of $45.66 and a twelve month high of $61.94. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.94 and a quick ratio of 0.94.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings data on Wednesday, April 17th. The financial services provider reported $1.13 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $52.26 million. Equities research analysts forecast that Great Southern Bancorp will post 4.79 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 16th. Investors of record on Monday, July 1st will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.94%. The ex-dividend date is Monday, July 1st. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 31.43%.

About Great Southern Bancorp

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.