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Customers Bancorp (NYSE:CUBI) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Customers Bancorp (NYSE:CUBI – Get Rating) in a research note issued to investors on Thursday. The brokerage issued a hold rating on the bank’s stock. A number of other research analysts have also recently issued reports on the stock. Keefe, Bruyette & Woods decreased their price target on shares […] ....

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Customers Bancorp, Inc. (NYSE:CUBI) Short Interest Update

Customers Bancorp, Inc. (NYSE:CUBI – Get Rating) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totalling 2,350,000 shares, a drop of 10.6% from the April 15th total of 2,630,000 shares. Approximately 8.3% of the company’s stock are short sold. Based […] ....

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Customers Bancorp (NYSE:CUBI) Stock Price Up 8.3%

Customers Bancorp, Inc. (NYSE:CUBI – Get Rating)’s stock price rose 8.3% on Monday . The company traded as high as $18.71 and last traded at $18.71. Approximately 175,957 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 762,386 shares. The stock had previously closed at $17.27. Analysts Set […] ....

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Betting Against Banks Brings Reward and Backlash

Rising interest rates have made short selling fashionable again ....

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Customers Bancorp (NYSE:CUBI) Trading Down 6.6%

Customers Bancorp, Inc. (NYSE:CUBI – Get Rating) shares dropped 6.6% during mid-day trading on Monday . The company traded as low as $17.66 and last traded at $17.82. Approximately 126,466 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 780,889 shares. The stock had previously closed at $19.07. […] ....

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