Southern California Bancorp (NASDAQ:BCAL) Short Interest Up 6.5% in December

Southern California Bancorp (NASDAQ:BCAL) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 362,300 shares, an increase of 6.5% from the December 15th total of 340,300 shares. Based on an average daily trading volume, of 69,500 shares, the short-interest ratio is currently 5.2 days. Currently, 1.6% of the shares of the stock are short sold.

Southern California Bancorp Trading Up 0.6 %

Shares of BCAL stock traded up $0.09 during trading on Friday, hitting $15.17. The company had a trading volume of 40,888 shares, compared to its average volume of 54,760. Southern California Bancorp has a one year low of $12.30 and a one year high of $18.49. The stock’s 50-day moving average price is $16.90 and its 200 day moving average price is $15.38.

Institutional Trading of Southern California Bancorp

Institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC boosted its position in shares of Southern California Bancorp by 22.0% during the 4th quarter. SG Americas Securities LLC now owns 10,163 shares of the company’s stock worth $168,000 after acquiring an additional 1,833 shares in the last quarter. Aspiriant LLC acquired a new position in shares of Southern California Bancorp during the 4th quarter worth $230,000. JPMorgan Chase & Co. raised its holdings in shares of Southern California Bancorp by 417.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 26,508 shares of the company’s stock worth $392,000 after buying an additional 21,384 shares in the last quarter. Destination Wealth Management bought a new stake in shares of Southern California Bancorp during the 3rd quarter worth $541,000. Finally, Barclays PLC boosted its stake in Southern California Bancorp by 177.3% in the third quarter. Barclays PLC now owns 36,756 shares of the company’s stock valued at $544,000 after buying an additional 23,499 shares in the last quarter. 55.40% of the stock is currently owned by institutional investors.

Southern California Bancorp Company Profile

Southern California Bancorp operates as the holding company for Bank of Southern California, N.A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, personal and business savings, and money market accounts, as well as certificates of deposit.