SB Financial Group, Inc. (NASDAQ:SBFG) Sees Large Decrease in Short Interest

SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 3,800 shares, a decrease of 34.5% from the November 30th total of 5,800 shares. Approximately 0.1% of the company's stock are short sold. Based on an average daily trading volume, of 19,200 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On SB Financial Group

Several institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its position in SB Financial Group by 3.5% in 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 purchasing an additional 2,416 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of SB Financial Group by 5.2% during the third quarter. Empowered Funds LLC now owns 37,762 shares of the financial services provider's stock worth $776,000 after buying an additional 1,876 shares during the period. Princeton Capital Management LLC purchased a new position in shares of SB Financial Group during the second quarter worth about $146,000. Finally, Barclays PLC grew its holdings in shares of SB Financial Group by 325.1% during the third quarter. Barclays PLC now owns 1,271 shares of the financial services provider's stock worth $26,000 after buying an additional 972 shares during the last quarter. Hedge funds and other institutional investors own 66.67% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of SB Financial Group in a research note on Saturday, September 21st. They issued a "hold" rating for the company.

SB Financial Group Stock Down 0.5 %

Shares of SBFG stock traded down $0.10 on Friday, reaching $21.48. 21,284 shares of the stock were exchanged, compared to its average volume of 9,345. The company has a market capitalization of $142.88 million, a price-to-earnings ratio of 12.34 and a beta of 0.77. The business's 50 day moving average price is $20.62 and its 200 day moving average price is $17.91. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. SB Financial Group has a twelve month low of $13.01 and a twelve month high of $23.00.

SB Financial Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a dividend of $0.145 per share. This is a boost from SB Financial Group's previous quarterly dividend of $0.14. This represents a $0.58 annualized dividend and a dividend yield of 2.70%. The ex-dividend date was Friday, November 8th. SB Financial Group's dividend payout ratio is currently 33.33%.

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.