Short Interest in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Expands By 22.6%

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC - Get Free Report) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 25,500 shares, an increase of 22.6% from the January 31st total of 20,800 shares. Approximately 0.6% of the company's shares are sold short. Based on an average daily trading volume, of 7,400 shares, the short-interest ratio is currently 3.4 days.

Fidelity D & D Bancorp Stock Up 0.1 %

FDBC traded up $0.05 during trading on Friday, reaching $43.99. The company had a trading volume of 5,982 shares, compared to its average volume of 6,365. The company has a market cap of $252.33 million, a P/E ratio of 12.19 and a beta of 0.54. Fidelity D & D Bancorp has a 12 month low of $41.00 and a 12 month high of $61.21. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.80 and a quick ratio of 0.80. The business's fifty day moving average price is $44.76 and its 200 day moving average price is $49.56.

Fidelity D & D Bancorp (NASDAQ:FDBC - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.01 EPS for the quarter. Fidelity D & D Bancorp had a net margin of 16.50% and a return on equity of 10.49%.

Fidelity D & D Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, February 14th. This represents a $1.60 annualized dividend and a dividend yield of 3.64%. Fidelity D & D Bancorp's dividend payout ratio is currently 44.32%.

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Insider Activity at Fidelity D & D Bancorp

In other Fidelity D & D Bancorp news, Chairman Brian J. Cali acquired 880 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The stock was acquired at an average cost of $44.00 per share, for a total transaction of $38,720.00. Following the transaction, the chairman now owns 403,439 shares of the company's stock, valued at $17,751,316. This trade represents a 0.22 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 21.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC lifted its stake in Fidelity D & D Bancorp by 62.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 639 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 245 shares in the last quarter. FMR LLC raised its holdings in shares of Fidelity D & D Bancorp by 849.2% in the third quarter. FMR LLC now owns 1,680 shares of the financial services provider's stock valued at $83,000 after purchasing an additional 1,503 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Fidelity D & D Bancorp by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 2,790 shares of the financial services provider's stock worth $136,000 after purchasing an additional 607 shares in the last quarter. Bank of America Corp DE boosted its holdings in Fidelity D & D Bancorp by 16.5% during the fourth quarter. Bank of America Corp DE now owns 6,314 shares of the financial services provider's stock worth $308,000 after purchasing an additional 893 shares during the last quarter. Finally, Deutsche Bank AG grew its position in Fidelity D & D Bancorp by 85.9% in the fourth quarter. Deutsche Bank AG now owns 6,624 shares of the financial services provider's stock valued at $323,000 after purchasing an additional 3,061 shares in the last quarter. 20.05% of the stock is currently owned by institutional investors.

About Fidelity D & D Bancorp

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.