Hingham Institution for Savings falls after Wolfpack Research reveals short position

Hingham Institution For Savings

25/02/2026 16:15

** Community lender Hingham Institution for Savings' HIFS.O shares fall as much as 8.3%, last down 3.7% at $292.04

** Wolfpack Research reveals short position in HIFS, alleging the bank is "under-reserved, with a significant portion of its loan book underwater and/or in distress"

** HIFS didn't immediately respond to a Reuters request for comment and Reuters could not independently verify the report

** Short seller says it has "found more than $125 million high risk, distressed loans in the D.C. area" and believes HIFS "lacks the liquidity, capital cushion, or earnings power to easily absorb the losses"

** As of last close, HIFS stock was down 7.1% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))