Great Southern Bancorp, Inc. (NASDAQ:GSBC) Sees Large Increase in Short Interest

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

Insider Buying and Selling at Great Southern Bancorp

In other Great Southern Bancorp news, VP Kevin L. Baker sold 625 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $53.60, for a total transaction of $33,500.00. Following the transaction, the vice president now directly owns 13 shares in the company, valued at $696.80. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 27.73% of the company’s stock.

Institutional Investors Weigh In On Great Southern Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Great Southern Bancorp by 11.5% during the 1st quarter. Vanguard Group Inc. now owns 564,032 shares of the financial services provider’s stock worth $30,920,000 after buying an additional 58,041 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Great Southern Bancorp by 11.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 150,742 shares of the financial services provider’s stock valued at $8,264,000 after purchasing an additional 15,941 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Great Southern Bancorp by 9.6% in the third quarter. American Century Companies Inc. now owns 110,872 shares of the financial services provider’s stock valued at $5,313,000 after purchasing an additional 9,683 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Great Southern Bancorp by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 106,594 shares of the financial services provider’s stock worth $5,108,000 after purchasing an additional 1,430 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in Great Southern Bancorp by 22.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,349 shares of the financial services provider’s stock worth $567,000 after buying an additional 1,897 shares in the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

Great Southern Bancorp Stock Performance

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

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings results on Wednesday, April 17th. The financial services provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.04 by $0.09. The firm had revenue of $51.62 million during the quarter, compared to analysts’ expectations of $52.26 million. Great Southern Bancorp had a return on equity of 10.97% and a net margin of 18.31%. On average, analysts forecast that Great Southern Bancorp will post 4.79 EPS for the current 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 paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend is Monday, July 1st. Great Southern Bancorp’s dividend payout ratio is 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.