BV Financial, Inc. (NASDAQ:BVFL) Sees Significant Increase in Short Interest

BV Financial, Inc. (NASDAQ:BVFL) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 22,600 shares, an increase of 26.3% from the November 30th total of 17,900 shares. Based on an average trading volume of 48,100 shares, the short-interest ratio is currently 0.5 days. Approximately 0.7% of the company’s stock are sold short.

Hedge Funds Weigh In On BV Financial

A number of institutional investors have recently bought and sold shares of BVFL. Barclays PLC purchased a new stake in shares of BV Financial in the third quarter worth $52,000. Dimensional Fund Advisors LP increased its position 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 purchasing an additional 8,866 shares during the last quarter. Courier Capital LLC purchased a new stake in shares of BV Financial in the third quarter valued at $384,000. Finally, Fourthstone LLC lifted its stake in shares of BV Financial by 161.1% during the 3rd quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock worth $8,715,000 after acquiring an additional 350,325 shares during the last quarter. 42.65% of the stock is owned by institutional investors.

BV Financial Price Performance

Shares of NASDAQ:BVFL opened at $17.31 on Tuesday. The company has a market capitalization of $200.76 million, a PE ratio of 14.55 and a beta of 0.69. BV Financial has a 1-year low of $10.14 and a 1-year high of $18.19. The business has a fifty day moving average price of $16.58 and a 200-day moving average price of $14.83.

BV Financial (NASDAQ:BVFL) last released its quarterly earnings data on Monday, October 21st. The company reported $0.35 EPS for the quarter. The company had revenue of $10.00 million for the quarter. BV Financial had a return on equity of 6.27% and a net margin of 26.18%.

BV Financial Company Profile

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.