Shares last traded at $32.13 quite a bit above $28.41, the stock’s 50 day moving average and impressively higher than the 200 day moving average of $26.46. The 50 day moving average moved up $3.72 and the 200 day average went up by +21.41%. Trading volume for Codorus Valley Bancorp, Inc was 12K on Tuesday. Volume was up 48.26% over the stocks average daily volume.
Investors are a little more bullish on Codorus Valley Bancorp, Inc recently as evidenced by the fall in short interest. The stock realized a fall in short interest between September 15, 2017 and September 29, 2017 of -1.40%. Short interest fell from 76,088 to 75,020 over that timeframe. Days to cover decreased 0.0 to 7.0 and the percentage of shorted shares is 0.01% as of September 29.
The following firms have recently changed their position in CVLY. Hudock Capital Group, LLC reduced its holdings by selling 85 shares a decrease of 3.5% as of 06/30/2017. Hudock Capital Group, LLC now holds 2,330 shares valued at $66,000. The total value of its holdings increased 6.5%. As of quarter end Ubs Group Ag had disposed of 580 shares trimming its holdings by 49.0%. The value in dollars decreased from $31,000 to $17,000 a change of 45.2% for the reporting period.
Context Bh Capital Management, Lp bolstered its investment by buying 1,628 shares an increase of 7.7%. Context Bh Capital Management, Lp now controls 22,897 shares worth $650,000. The value of the position overall is up by 18.0%. Meeder Asset Management Inc grew its stake by buying 448 shares an increase of 361.3% in the quarter. Meeder Asset Management Inc currently owns 572 shares with a value of $18,000. The total value of its holdings increased 350.0%.
The company is so far trading down from yesterday’s close of 32.6. Additionally Codorus Valley Bancorp, Inc recently announced a dividend payable on Tuesday November 14th, 2017. The dividend payment will be $0.135 per share for the quarter which comes to $0.54 on an annualized basis. This dividend represents a yield of $1.59 which is the dividend as a percentage of the current share price. The ex-dividend date will be on Monday the 23rd of October 2017.
The P/E ratio is 19.01 and the market value is 271.59M.
Codorus Valley Bancorp, Inc., launched on October 7, 1986, is a bank holding company. The Company provides a range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank). The Company operates through the community banking segment. PeoplesBank is a chartered bank that offers a range of business and consumer banking services. PeoplesBank provides personal banking, mortgage banking, wealth management and real estate settlement services. PeoplesBank operates approximately 20 financial centers located in York and Cumberland Counties in Pennsylvania, and in Baltimore, Harford and Carroll Counties, and Baltimore City in Maryland..