Citizens Financial Services, Inc. (NASDAQ:CZFS) Short Interest Update

Citizens Financial Services, Inc. (NASDAQ:CZFS) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 41,500 shares, a growth of 23.1% from the November 30th total of 33,700 shares. Based on an average trading volume of 20,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.9% of the company’s shares are sold short.

Citizens Financial Services Trading Up 1.4 %

Shares of NASDAQ:CZFS traded up $1.10 during trading on Tuesday, hitting $65.11. The company had a trading volume of 450 shares, compared to its average volume of 12,083. The stock has a market cap of $309.92 million, a price-to-earnings ratio of 11.25 and a beta of 0.53. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.97 and a quick ratio of 0.96. The company has a fifty day simple moving average of $66.72 and a two-hundred day simple moving average of $56.18. Citizens Financial Services has a one year low of $38.52 and a one year high of $75.40.

Citizens Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were given a $0.49 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a yield of 3.01%. Citizens Financial Services’s dividend payout ratio is presently 33.85%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CZFS. De Lisle Partners LLP lifted its holdings in shares of Citizens Financial Services by 1.0% in the 3rd quarter. De Lisle Partners LLP now owns 15,354 shares of the company’s stock worth $897,000 after acquiring an additional 152 shares during the last quarter. Rhumbline Advisers lifted its stake in Citizens Financial Services by 10.6% in the second quarter. Rhumbline Advisers now owns 5,285 shares of the company’s stock worth $238,000 after purchasing an additional 505 shares during the last quarter. Hudock Inc. boosted its position in shares of Citizens Financial Services by 1.6% during the second quarter. Hudock Inc. now owns 41,028 shares of the company’s stock valued at $1,844,000 after buying an additional 627 shares during the period. Geode Capital Management LLC grew its stake in shares of Citizens Financial Services by 1.1% during the third quarter. Geode Capital Management LLC now owns 102,399 shares of the company’s stock valued at $6,017,000 after buying an additional 1,112 shares during the last quarter. Finally, State Street Corp raised its holdings in shares of Citizens Financial Services by 2.3% in the third quarter. State Street Corp now owns 72,070 shares of the company’s stock worth $4,234,000 after buying an additional 1,588 shares during the period. Institutional investors own 22.49% of the company’s stock.

About Citizens Financial Services

Citizens Financial Services, Inc, a bank holding company, provides various banking products and services for individual, business, governmental, and institutional customers. The company accepts various deposit products, such as checking, savings, and time deposit accounts. Its loan products include residential, commercial, and agricultural real estate loans; commercial and industrial loans; state and political subdivision loans; and consumer loans, as well as various other specialized financial services.