Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Short Interest Update

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 2,100 shares, a decline of 16.0% from the November 30th total of 2,500 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.1% of the company’s stock are sold short.

Sound Financial Bancorp Stock Performance

Shares of NASDAQ:SFBC traded up $2.31 during trading on Monday, reaching $54.95. 1,499 shares of the company’s stock traded hands, compared to its average volume of 2,741. The stock has a market capitalization of $140.89 million, a P/E ratio of 35.92 and a beta of 0.68. Sound Financial Bancorp has a 12 month low of $39.00 and a 12 month high of $55.99. The company has a 50 day moving average of $53.83 and a 200-day moving average of $49.97. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.12 and a quick ratio of 1.12.

Sound Financial Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th were paid a dividend of $0.19 per share. The ex-dividend date was Tuesday, November 12th. This represents a $0.76 dividend on an annualized basis and a yield of 1.38%. Sound Financial Bancorp’s payout ratio is currently 49.67%.

Insider Activity at Sound Financial Bancorp

In other Sound Financial Bancorp news, Director James E. Sweeney sold 592 shares of Sound Financial Bancorp stock in a transaction on Friday, November 8th. The shares were sold at an average price of $52.57, for a total value of $31,121.44. Following the completion of the transaction, the director now owns 2,942 shares of the company’s stock, valued at $154,660.94. The trade was a 16.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders sold a total of 1,026 shares of company stock valued at $54,446 over the last three months. 12.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Sound Financial Bancorp

Several large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its position in shares of Sound Financial Bancorp by 6.3% during the third quarter. Geode Capital Management LLC now owns 23,885 shares of the bank’s stock worth $1,278,000 after acquiring an additional 1,407 shares during the last quarter. State Street Corp grew its position in Sound Financial Bancorp by 10.9% in the 3rd quarter. State Street Corp now owns 5,095 shares of the bank’s stock worth $273,000 after purchasing an additional 500 shares during the last quarter. Arcus Capital Partners LLC acquired a new stake in shares of Sound Financial Bancorp in the third quarter valued at approximately $503,000. Finally, Dimensional Fund Advisors LP raised its stake in Sound Financial Bancorp by 7.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 16,811 shares of the bank’s stock valued at $739,000 after acquiring an additional 1,122 shares in the last quarter. 68.85% of the stock is owned by institutional investors and hedge funds.

About Sound Financial Bancorp

Sound Financial Bancorp, Inc operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit.