BV Financial, Inc. (NASDAQ:BVFL) Short Interest Up 37.8% in March

BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 27,700 shares, an increase of 37.8% from the February 28th total of 20,100 shares. Based on an average daily trading volume, of 27,500 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.3% of the company's shares are short sold.

BV Financial Price Performance

BVFL traded down $0.29 during midday trading on Friday, reaching $13.92. 25,764 shares of the company's stock traded hands, compared to its average volume of 26,024. The firm has a fifty day moving average of $15.24 and a two-hundred day moving average of $15.94. The stock has a market capitalization of $161.44 million, a price-to-earnings ratio of 12.77 and a beta of 0.59. BV Financial has a 52 week low of $10.16 and a 52 week high of $18.19.

BV Financial (NASDAQ:BVFL - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The company reported $0.25 earnings per share for the quarter. BV Financial had a net margin of 23.83% and a return on equity of 6.09%.

Hedge Funds Weigh In On BV Financial

Several hedge funds and other institutional investors have recently modified their holdings of the company. Castalian Partners LLC bought a new position in shares of BV Financial in the 4th quarter worth approximately $6,104,000. Truffle Hound Capital LLC purchased a new stake in BV Financial during the fourth quarter valued at approximately $2,583,000. Susquehanna International Group LLP raised its position in BV Financial by 214.4% in the fourth quarter. Susquehanna International Group LLP now owns 148,007 shares of the company's stock worth $2,549,000 after acquiring an additional 100,936 shares during the period. Arrowstreet Capital Limited Partnership boosted 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 worth $1,686,000 after acquiring an additional 71,279 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in shares of BV Financial by 316.5% during the 4th quarter. Millennium Management LLC now owns 49,219 shares of the company's stock worth $848,000 after acquiring an additional 37,401 shares during the last quarter. 42.65% of the stock is owned by institutional investors.

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BV Financial Company Profile

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.