Unusually strong trading in the shares of a Brooklyn thrift has befuddled investors and analysts, prompting them to speculate that the institution is in play.

Since Jan. 12, daily trading volume in Bay Ridge Bancorp has soared to more than 1.2 million on three days. Its stock price, too, has jumped - to $16.75 a share at midday Tuesday, up 31.4% since Dec. 22.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.