BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 14,600 shares, an increase of 55.3% from the September 30th total of 9,400 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 20,500 shares, the short-interest ratio is currently 0.7 days.
Institutional Trading of BV Financial
Several institutional investors and hedge funds have recently bought and sold shares of the business. Covestor Ltd increased its stake in shares of BV Financial by 99.8% in the first quarter. Covestor Ltd now owns 4,003 shares of the company's stock worth $41,000 after acquiring an additional 1,999 shares during the period. Courier Capital LLC acquired a new stake in BV Financial during the 3rd quarter worth about $384,000. Dimensional Fund Advisors LP raised its stake in shares of BV Financial by 43.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company's stock valued at $351,000 after buying an additional 8,866 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of BV Financial by 28.9% in the 1st quarter. Vanguard Group Inc. now owns 481,762 shares of the company's stock valued at $4,977,000 after buying an additional 108,015 shares during the period. 42.65% of the stock is currently owned by institutional investors and hedge funds.
BV Financial Stock Performance
BVFL stock traded down $0.01 during midday trading on Friday, reaching $15.50. The stock had a trading volume of 40,529 shares, compared to its average volume of 16,214. The firm has a fifty day simple moving average of $14.89 and a two-hundred day simple moving average of $12.88. BV Financial has a 52-week low of $9.96 and a 52-week high of $15.67. The stock has a market cap of $176.33 million, a PE ratio of 11.15 and a beta of 0.64.
BV Financial (NASDAQ:BVFL - Get Free Report) last announced its quarterly earnings data on Monday, October 21st. The company reported $0.35 earnings per share (EPS) for the quarter. The firm had revenue of $10.00 million during the quarter. BV Financial had a return on equity of 6.32% and a net margin of 26.08%.
BV Financial Company Profile
(
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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