Tompkins Financial Co. (NYSE:TMP) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 828,578 shares, a decline of 4.8% from the October 31st total of 870,503 shares. Based on an average daily volume of 91,187 shares, the short-interest ratio is presently 9.1 days. Approximately 6.4% of the shares of the company are sold short.

Shares of Tompkins Financial (NYSE:TMP) opened at 86.79 on Friday. Tompkins Financial has a 52-week low of $50.54 and a 52-week high of $87.35. The stock’s 50 day moving average price is $79.49 and its 200-day moving average price is $72.12. The firm has a market cap of $1.31 billion and a PE ratio of 22.96.

In other news, EVP John M. Mckenna sold 958 shares of Tompkins Financial stock in a transaction dated 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 owns 7,998 shares in the company, valued at $666,713.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James W. Fulmer sold 5,000 shares of Tompkins Financial stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $85.04, for a total value of $425,200.00. Following the sale, the director now owns 62,393 shares in the company, valued at approximately $5,305,900.72. The disclosure for this sale can be found here.

TRADEMARK VIOLATION NOTICE: This piece was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright legislation. The correct version of this piece can be read at https://www.thecerbatgem.com/2016/11/26/tompkins-financial-co-tmp-short-interest-down-4-8-in-november.html.

About Tompkins Financial

Tompkins Financial Corporation (Tompkins) is a financial holding and community-based financial services company. The Company offers an array of products and services, including commercial and consumer banking, leasing and financial planning. It operates through three segments: banking (Banking), insurance (Tompkins Insurance Agencies, Inc) and wealth management (Tompkins Financial Advisors).

5 Day Chart for NYSE:TMP

Receive News & Stock Ratings for Tompkins Financial Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tompkins Financial Co. and related stocks with our FREE daily email newsletter.