(NYSE:OFG) shares saw heavy trading volume with 449K shares changing hands by the end of trading on Wednesday. Volume was up 77.26% over the stocks average daily volume.

Investors are a little more bearish on shares of Oriental Financial Group if you look at the uptick in short interest. The stock experienced a rise in short interest of 7.90% as of the latest report on October 13, 2017. Short interest increased 266,491 over that period. The short-interest ratio increased to 15.0 and the percentage of shorted shares was 0.08% on October 13.

Oriental Financial Group (NYSE:OFG) has been the object of insider buying activity recently. Director Jesus Nestor De bought 5,000 shares at an average price of $7.94 on Wed the 8th. The Director now owns $79,400 of the stock as reported to the SEC.

Additionally, here are a few investment firms who have increased or decreased their stake in (OFG). Oxford Asset Management reduced its investment by shedding 116,783 shares a decrease of 50.8%. Oxford Asset Management now holds 113,177 shares worth $1,041,000. The value of the position overall is down by 54.7%. Tiaa Cref Investment Management LLC cut its position by selling 6,352 shares a decrease of 3.6% as of 09/30/2017. Tiaa Cref Investment Management LLC currently owns 171,577 shares valued at $1,570,000. The total value of its holdings decreased 11.7%.

As of the end of the quarter Goldman Sachs Group Inc had acquired a total of 41,938 shares growing its position 29.3%. The value of the investment in Oriental Financial Group increased from $1,432,000 to $1,694,000 increasing 18.3% quarter to quarter. Schwab Charles Investment Management Inc divested its ownership by shedding 39,024 shares a decrease of 4.8% in the quarter. Schwab Charles Investment Management Inc controls 767,559 shares with a value of $7,024,000. The value of the position overall is down by 12.9%.

On October 27 Piper Jaffray Companies left the company rating at “Hold” with a current price target of $11.00.

October 6 investment analysts at Piper Jaffray Companies made no change to the stock rating of “Hold” targeting a price of $11.50.

The company is so far trading up from yesterday’s close of 8.5. Oriental Financial Group currently has a P/E ratio of 10.67 and market cap is 375.75M. As of the latest earnings report the EPS was $0.80 with 43.95M shares outstanding.

OFG Bancorp, launched on June 19, 1996, is a financial holding company. The Company is involved in providing banking and financial services through its subsidiaries. The Company operates through three segments: Banking, Wealth Management and Treasury. The Company provides banking and financial services to its clients through a range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial service, and investment brokerage, and corporate and individual trust and retirement services. The Company provides these services through various subsidiaries, including a commercial bank, Oriental Bank; a securities broker-dealer, Oriental Financial Services Corp. (Oriental Financial Services); an insurance agency, Oriental Insurance, LLC (Oriental Insurance), and a retirement plan administrator, Oriental Pension Consultants, Inc. (OPC)..