Short Interest in SB Financial Group, Inc. (NASDAQ:SBFG) Drops By 53.1%

SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 36,900 shares, a decrease of 53.1% from the March 15th total of 78,600 shares. Currently, 0.6% of the company's stock are sold short. Based on an average daily volume of 17,900 shares, the short-interest ratio is presently 2.1 days.

SB Financial Group Stock Down 0.8 %

NASDAQ:SBFG traded down $0.15 during mid-day trading on Monday, hitting $18.56. 9,865 shares of the company's stock traded hands, compared to its average volume of 13,685. The company has a fifty day moving average of $20.40 and a 200 day moving average of $20.67. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.92. SB Financial Group has a twelve month low of $13.01 and a twelve month high of $24.48. The company has a market capitalization of $121.29 million, a P/E ratio of 10.79 and a beta of 0.48.

SB Financial Group (NASDAQ:SBFG - Get Free Report) last released its earnings results on Thursday, January 23rd. The financial services provider reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.11. SB Financial Group had a net margin of 14.10% and a return on equity of 8.98%. On average, analysts forecast that SB Financial Group will post 2 EPS for the current year.

Hedge Funds Weigh In On SB Financial Group

Several hedge funds have recently made changes to their positions in SBFG. Barclays PLC increased its holdings in shares of SB Financial Group by 325.1% in the third quarter. Barclays PLC now owns 1,271 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 972 shares during the period. Geode Capital Management LLC lifted its stake in SB Financial Group by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 71,076 shares of the financial services provider's stock valued at $1,462,000 after acquiring an additional 2,416 shares during the period. Ritholtz Wealth Management purchased a new stake in shares of SB Financial Group in the 4th quarter valued at $408,000. Empowered Funds LLC raised its holdings in shares of SB Financial Group by 5.0% during the fourth quarter. Empowered Funds LLC now owns 39,637 shares of the financial services provider's stock worth $829,000 after purchasing an additional 1,875 shares during the last quarter. Finally, PL Capital Advisors LLC lifted its position in SB Financial Group by 1,991.0% during the fourth quarter. PL Capital Advisors LLC now owns 588,805 shares of the financial services provider's stock valued at $12,312,000 after purchasing an additional 560,646 shares during the period. 66.67% of the stock is owned by institutional investors and hedge funds.

About SB Financial Group

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.