Origin Bancorp Inc (NASDAQ:OBNK) Could Improve Your Long Portfolio After Less Shorts Reported

October 11, 2018 - By Richard Conner

The stock of Origin Bancorp Inc (NASDAQ:OBNK) registered a decrease of 3.73% in short interest. OBNK’s total short interest was 440,900 shares in October as published by FINRA. Its down 3.73% from 458,000 shares, reported previously. With 64,700 shares average volume, it will take short sellers 7 days to cover their OBNK’s short positions. The short interest to Origin Bancorp Inc’s float is 2.51%.

The stock increased 0.13% or $0.0489 during the last trading session, reaching $39.0389. About 695 shares traded. Origin Bancorp, Inc. (NASDAQ:OBNK) has 0.00% since October 11, 2017 and is . It has underperformed by 15.62% the S&P500.

Origin Bancorp, Inc. operates as the holding firm for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, high net worth individuals, and retail clients in Louisiana, Texas, and Mississippi. The company has market cap of $920.34 million. It offers accepts noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and grants single and multi-family real estate, residential construction, and commercial building loans, as well as loans to small and medium-sized businesses, and consumers. It has a 31.92 P/E ratio. The firm also offers personal and commercial property, and casualty insurance products; services and products, including Internet banking and voice response information, mobile applications, cash management, overdraft protection, direct deposit, safe deposit boxes, U.S. savings, bonds and automatic account transfers; and mortgage origination and servicing.

Another recent and important Origin Bancorp, Inc. (NASDAQ:OBNK) news was published by Nasdaq.com which published an article titled: “Origin Bancorp, Inc. Announces Schedule for Third Quarter 2018 Earnings Release and Conference Call” on October 11, 2018.

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