BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 22,500 shares, a drop of 24.5% from the January 31st total of 29,800 shares. Based on an average daily volume of 40,600 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.7% of the company's stock are short sold.
Hedge Funds Weigh In On BV Financial
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BVFL. Fourthstone LLC raised its stake in shares of BV Financial by 161.1% during the 3rd quarter. Fourthstone LLC now owns 567,778 shares of the company's stock valued at $8,715,000 after buying an additional 350,325 shares during the last quarter. Barclays PLC purchased a new position in shares of BV Financial during the 3rd quarter valued at about $52,000. Truffle Hound Capital LLC purchased a new position in shares of BV Financial during the 4th quarter valued at about $2,583,000. Arrowstreet Capital Limited Partnership raised its stake in shares of BV Financial by 267.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 97,885 shares of the company's stock valued at $1,686,000 after buying an additional 71,279 shares during the last quarter. Finally, Covestor Ltd raised its stake in shares of BV Financial by 20.3% during the 4th quarter. Covestor Ltd now owns 4,817 shares of the company's stock valued at $83,000 after buying an additional 814 shares during the last quarter. Hedge funds and other institutional investors own 42.65% of the company's stock.
BV Financial Stock Down 1.0 %
Shares of BV Financial stock traded down $0.15 during trading on Thursday, reaching $15.15. The company's stock had a trading volume of 16,299 shares, compared to its average volume of 31,195. The company has a market cap of $175.71 million, a price-to-earnings ratio of 13.90 and a beta of 0.61. The company has a 50-day simple moving average of $16.05 and a two-hundred day simple moving average of $15.83. BV Financial has a 1-year low of $10.14 and a 1-year high of $18.19.
BV Financial (NASDAQ:BVFL - Get Free Report) last issued its earnings results on Monday, January 27th. The company reported $0.25 earnings per share (EPS) for the quarter. BV Financial had a return on equity of 6.09% and a net margin of 23.83%.
About BV Financial
(
Get Free Report)
BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.
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