Tompkins Financial Co. (NYSE:TMP) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 828,578 shares, a decrease of 4.8% from the October 31st total of 870,503 shares. Currently, 6.4% of the company’s stock are short sold. Based on an average daily volume of 91,187 shares, the short-interest ratio is currently 9.1 days.
Shares of Tompkins Financial (NYSE:TMP) opened at 86.79 on Friday. Tompkins Financial has a 12 month low of $50.54 and a 12 month high of $87.35. The stock has a market capitalization of $1.31 billion and a PE ratio of 22.96. The company’s 50-day moving average is $79.49 and its 200-day moving average is $72.12.
In related news, Director James W. Fulmer sold 5,000 shares of the company’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $85.04, for a total transaction of $425,200.00. Following the completion of the sale, the director now directly owns 62,393 shares of the company’s stock, valued at approximately $5,305,900.72. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John M. Mckenna sold 958 shares of the company’s stock in a transaction on Thursday, November 17th. The stock was sold at an average price of $83.36, for a total transaction of $79,858.88. Following the sale, the executive vice president now directly owns 7,998 shares of the company’s stock, valued at $666,713.28. The disclosure for this sale can be found here.
Tompkins Financial Company Profile