How Analysts Feel About Shore Bancshares Inc (NASDAQ:SHBI) After Decrease in Sellers?

Investors sentiment increased to 1.2 in 2018 Q2. Its up 0.29, from 0.91 in 2018Q1. It increased, as 3 investors sold Shore Bancshares, Inc. shares while 27 reduced holdings. 10 funds opened positions while 26 raised stakes. 8.48 million shares or 1.86% more from 8.32 million shares in 2018Q1 were reported.
Lsv Asset Mngmt stated it has 156,967 shares. Piedmont Investment Advsr Lc has 219 shares. Maltese Management Limited Liability Com holds 0.25% of its portfolio in Shore Bancshares, Inc. (NASDAQ:SHBI) for 197,500 shares. Deutsche Comml Bank Ag reported 0% of its portfolio in Shore Bancshares, Inc. (NASDAQ:SHBI). 8,208 were accumulated by Amer Interest Gru. Bessemer Group holds 0% of its portfolio in Shore Bancshares, Inc. (NASDAQ:SHBI) for 20,400 shares. 543,697 were accumulated by Vanguard Group Inc Inc. Globeflex Cap L P holds 59,300 shares. Northern Corp reported 136,726 shares. Hillsdale Invest accumulated 0.13% or 55,700 shares. Banc Funds Lc reported 565,733 shares or 0.56% of all its holdings. Bancshares Of America De reported 2,772 shares or 0% of all its holdings. Sei Investments has 45 shares. State Bank Of Mellon reported 91,239 shares. Bnp Paribas Arbitrage has invested 0% in Shore Bancshares, Inc. (NASDAQ:SHBI).

The stock of Shore Bancshares Inc (NASDAQ:SHBI) registered a decrease of 11.59% in short interest. SHBI’s total short interest was 29,000 shares in December as published by FINRA. Its down 11.59% from 32,800 shares, reported previously. With 21,300 shares average volume, it will take short sellers 1 days to cover their SHBI’s short positions. The short interest to Shore Bancshares Inc’s float is 0.25%.

The stock decreased 0.19% or $0.03 during the last trading session, reaching $16. About 26,064 shares traded. Shore Bancshares, Inc. (NASDAQ:SHBI) has risen 12.92% since December 2, 2017 and is uptrending. It has underperformed by 2.70% the S&P500.

Shore Bancshares, Inc., through its subsidiaries, provides various commercial banking services and products to individuals, businesses, and other organizations in Maryland and Delaware. The company has market cap of $203.99 million. The firm operates through two divisions, Community Banking, and Insurance Products and Services. It has a 13.05 P/E ratio. It offers various deposit products, including checking, savings, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs, cash management services, and various checking services.

Shore Bancshares, Inc. (NASDAQ:SHBI) Ratings Coverage

Among 2 analysts covering Shore Bancshares Inc (NASDAQ:SHBI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Shore Bancshares Inc had 2 analyst reports since June 26, 2018 according to SRatingsIntel. The firm has “Buy” rating by Sandler O’Neill given on Tuesday, June 26.

More notable recent Shore Bancshares, Inc. (NASDAQ:SHBI) news were published by: Prnewswire.com which released: “Shore United Bank Opens New Office in Onley, Virginia – PR Newswire” on September 13, 2017, also Nasdaq.com with their article: “Shore Bancshares Inc (SHBI) Ex-Dividend Date Scheduled for November 15, 2018 – Nasdaq” published on November 14, 2018, Bizjournals.com published: “Shore United Bank entering Baltimore area with deal for Northwest branches – Baltimore Business Journal” on January 10, 2017. More interesting news about Shore Bancshares, Inc. (NASDAQ:SHBI) were released by: Prnewswire.com and their article: “Shore United Bank Expands to Virginia – PR Newswire” published on July 05, 2017 as well as Seekingalpha.com‘s news article titled: “Shore Bancshares declares $0.09 dividend – Seeking Alpha” with publication date: November 05, 2018.

Shore Bancshares, Inc. (NASDAQ:SHBI) Institutional Positions Chart

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