Fifth District Savings Bank's Lock-Up Period Will End on January 28th (NASDAQ:FDSB)

Fifth District Savings Bank's (NASDAQ:FDSB - Get Free Report) lock-up period will end on Tuesday, January 28th. Fifth District Savings Bank had issued 5,459,473 shares in its IPO on August 1st. The total size of the offering was $54,594,730 based on an initial share price of $10.00. After the expiration of Fifth District Savings Bank's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Fifth District Savings Bank Trading Down 1.1 %

Shares of FDSB traded down $0.14 during trading hours on Tuesday, hitting $12.77. 7,118 shares of the stock were exchanged, compared to its average volume of 11,435. Fifth District Savings Bank has a fifty-two week low of $9.85 and a fifty-two week high of $13.40. The business's 50-day simple moving average is $12.52. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.05.

Institutional Trading of Fifth District Savings Bank

A number of large investors have recently bought and sold shares of the business. Geode Capital Management LLC acquired a new position in shares of Fifth District Savings Bank during the 3rd quarter valued at $492,000. Creative Planning bought a new stake in Fifth District Savings Bank in the third quarter valued at $622,000. Finally, Fourthstone LLC acquired a new position in shares of Fifth District Savings Bank during the third quarter valued at about $1,058,000.

About Fifth District Savings Bank

Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank which provide all banking services. Fifth District Bancorp, Inc is based in NEW ORLEANS.