First Financial Northwest, Inc. (NASDAQ:FFNW) Short Interest Down 5.2% in November

First Financial Northwest, Inc. (NASDAQ:FFNW - Get Free Report) was the recipient of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 115,700 shares, a drop of 5.2% from the November 15th total of 122,100 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average trading volume of 31,900 shares, the short-interest ratio is currently 3.6 days.

Institutional Trading of First Financial Northwest

A number of large investors have recently modified their holdings of the business. MetLife Investment Management LLC increased its position in shares of First Financial Northwest by 129.0% in the third quarter. MetLife Investment Management LLC now owns 4,113 shares of the bank's stock worth $93,000 after purchasing an additional 2,317 shares during the last quarter. Rhumbline Advisers bought a new position in shares of First Financial Northwest in the 2nd quarter worth $188,000. Barclays PLC raised its position in shares of First Financial Northwest by 272.9% during the 3rd quarter. Barclays PLC now owns 9,140 shares of the bank's stock valued at $206,000 after buying an additional 6,689 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of First Financial Northwest by 9.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 11,986 shares of the bank's stock worth $253,000 after acquiring an additional 1,069 shares during the last quarter. Finally, B.O.S.S. Retirement Advisors LLC purchased a new position in First Financial Northwest in the third quarter worth $312,000. Institutional investors own 55.00% of the company's stock.

First Financial Northwest Price Performance

NASDAQ FFNW traded down $0.26 on Tuesday, hitting $21.85. The stock had a trading volume of 24,815 shares, compared to its average volume of 37,705. The firm has a 50-day moving average of $22.52 and a 200-day moving average of $22.05. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.04. First Financial Northwest has a 52-week low of $12.93 and a 52-week high of $23.50. The company has a market capitalization of $201.68 million, a price-to-earnings ratio of 198.64 and a beta of 0.52.

First Financial Northwest (NASDAQ:FFNW - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The bank reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.14). First Financial Northwest had a return on equity of 0.66% and a net margin of 1.31%. The business had revenue of $20.09 million during the quarter, compared to analysts' expectations of $9.49 million. During the same quarter last year, the business posted $0.16 EPS. Equities analysts expect that First Financial Northwest will post 0.09 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com lowered First Financial Northwest from a "hold" rating to a "sell" rating in a research note on Tuesday, October 29th.

First Financial Northwest Company Profile

First Financial Northwest, Inc operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest-bearing accounts, interest-bearing demand accounts, money market accounts, savings accounts, and certificates of deposit.