HarborOne Bancorp, Inc. (NASDAQ:HONE) Short Interest Up 56.8% in October

HarborOne Bancorp, Inc. (NASDAQ:HONE - Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 2,290,000 shares, a growth of 56.8% from the September 30th total of 1,460,000 shares. Based on an average daily trading volume, of 357,500 shares, the days-to-cover ratio is presently 6.4 days. Currently, 6.1% of the company's shares are sold short. Currently, 6.1% of the company's shares are sold short. Based on an average daily trading volume, of 357,500 shares, the days-to-cover ratio is presently 6.4 days.Get HarborOne Bancorp alerts:Analyst Ratings ChangesHONE has been the topic of several research reports. Wall Street Zen raised HarborOne Bancorp to a "hold" rating in a research report on Friday, August 22nd. Piper Sandler boosted their price target on shares of HarborOne Bancorp from $12.00 to $13.00 and gave the stock a "neutral" rating in a research note on Friday, July 25th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of HarborOne Bancorp in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $13.00.Read Our Latest Stock Analysis on HONEHarborOne Bancorp Price PerformanceShares of NASDAQ HONE traded down $0.22 during mid-day trading on Friday, hitting $12.10. 582,029 shares of the company's stock traded hands, compared to its average volume of 610,462. The company's 50-day moving average is $13.27 and its two-hundred day moving average is $12.15. The company has a market capitalization of $522.24 million, a P/E ratio of 18.62 and a beta of 0.61. HarborOne Bancorp has a 1 year low of $8.89 and a 1 year high of $14.29. Hedge Funds Weigh In On HarborOne BancorpA number of hedge funds and other institutional investors have recently modified their holdings of HONE. CWM LLC boosted its stake in shares of HarborOne Bancorp by 35.3% during the first quarter. CWM LLC now owns 5,079 shares of the financial services provider's stock valued at $53,000 after purchasing an additional 1,326 shares in the last quarter. Longfellow Investment Management Co. LLC bought a new position in shares of HarborOne Bancorp during the second quarter valued at approximately $149,000. GC Wealth Management RIA LLC boosted its stake in shares of HarborOne Bancorp by 7.7% during the second quarter. GC Wealth Management RIA LLC now owns 13,848 shares of the financial services provider's stock valued at $162,000 after purchasing an additional 992 shares in the last quarter. Sei Investments Co. purchased a new stake in HarborOne Bancorp during the second quarter valued at approximately $169,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in HarborOne Bancorp during the first quarter valued at approximately $176,000. 65.01% of the stock is currently owned by institutional investors. HarborOne Bancorp Company Profile (Get Free Report)HarborOne Bancorp, Inc operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and primary lending products comprise commercial real estate, commercial, residential mortgages, home equity, and consumer loans.Featured StoriesFive stocks we like better than HarborOne BancorpP/E Ratio Calculation: How to Assess StocksIs Lemonade Stock Set for a Big Squeeze After Earnings?3 Fintech Stocks With Good 2021 ProspectsCaterpillar Stock Could Top $650 by Year’s EndStock Splits, Do They Really Impact Investors?ServiceNow’s 5-for-1 Split Is a Signal for Investors to BuyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in HarborOne Bancorp Right Now?Before you consider HarborOne Bancorp, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HarborOne Bancorp wasn't on the list.While HarborOne Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here