Ameris Bancorp (NASDAQ:ABCB) Sellers Reduced Their Shorts By 7.68% As Of Dec 8, 2018

Ameris Bancorp (NASDAQ:ABCB) Corporate Logo

During Q2 2018 the big money sentiment increased to 2.38. That’s change of 1.23, from 2018Q1’s 1.15. 6 investors sold all, 36 reduced holdings as Ameris Bancorp ratio is positive. 73 grew positions while 27 funds acquired positions. Funds hold 36.02 million shares thus 10.81% more from 2018Q1’s 32.51 million shares.
Mutual Of America Cap Mgmt holds 149 shs or 0% of its capital. Prudential Financial Inc invested 0.01% in Ameris Bancorp (NASDAQ:ABCB). Oak Ridge Investments Limited has 266,144 shs. Tci Wealth Advsrs, a Arizona-based fund reported 59 shs. Strs Ohio, a Ohio-based fund reported 533,348 shs. Teacher Retirement System Of Texas reported 0% in Ameris Bancorp (NASDAQ:ABCB). Kennedy Capital invested in 0.66% or 660,730 shs. 38,374 are held by Millrace Asset Group Incorporated Incorporated. Us Bank & Trust De reported 0% in Ameris Bancorp (NASDAQ:ABCB). 6,485 are owned by Amalgamated Fincl Bank. 59,031 are held by Arizona State Retirement. Ubs Asset Mgmt Americas owns 25,716 shs or 0% of their US capital. 8,432 were accumulated by First Republic Investment Mngmt Inc. Pl Cap Limited Company has 172,497 shs. Moreover, Manufacturers Life Insurance The has 0.08% invested in Ameris Bancorp (NASDAQ:ABCB).

Ameris Bancorp registered $50,050 net activity with 1 insider buy and 0 sales since August 24, 2018.

Ameris Bancorp (NASDAQ:ABCB) had a decrease of its shares shorted by 7.68%. In December was announced ABCB’s total 1.27M shares shorted by FINRA. The 1.38 million previous shares are down with 7.68%. 5 days will cost ABCB with 244,900 average volume to recover its previous position.

Ticker’s shares touched $37.44 during the last trading session after 2.32% change.Ameris Bancorp has 356,294 shares volume, 12.37% up from normal. ABCB is uptrending and has moved 9.36% since December 8, 2017. ABCB underperformed the S&P 500 by 6.26%.

Ameris Bancorp operates as the holding firm for Ameris Bank that provides banking services to retail and commercial clients primarily in Georgia, Alabama, Florida, and South Carolina.The firm is valued at $1.77 billion. The firm operates through four divisions: Banking Division, Retail Mortgage Division, Warehouse Lending Division, and SBA Division.The P/E ratio is 17.64. It offers commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.

For more Ameris Bancorp (NASDAQ:ABCB) news published briefly go to: Nasdaq.com, Bizjournals.com, Nasdaq.com, Bizjournals.com or Nasdaq.com. The titles are as follows: “Subdued Trading to Hurt Morgan Stanley’s (MS) Q3 Earnings – Nasdaq” published on October 15, 2018, “Ameris to close branches in cost-cutting measure – Jacksonville Business Journal” on September 20, 2018, “Ameris Bancorp Completes Atlantic Coast Financial Buyout – Nasdaq” with a publish date: May 30, 2018, “Atlanta’s State Bank to merge with Houston’s Cadence in $1.4B deal – Atlanta Business Chronicle” and the last “Two Bank Stocks on Our Radar Right Now – Nasdaq” with publication date: December 05, 2018.

Ameris Bancorp (NASDAQ:ABCB) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.