William Penn Bancorporation (NASDAQ:WMPN) Short Interest Down 19.1% in November

William Penn Bancorporation (NASDAQ:WMPN) was the target of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 9,300 shares, a decrease of 19.1% from the November 15th total of 11,500 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 36,100 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On William Penn Bancorporation

A hedge fund recently raised its stake in William Penn Bancorporation stock. Dryden Capital LLC increased its position in shares of William Penn Bancorporation (NASDAQ:WMPN) by 722.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 228,560 shares of the company’s stock after purchasing an additional 200,773 shares during the period. William Penn Bancorporation accounts for approximately 4.5% of Dryden Capital LLC’s portfolio, making the stock its 9th largest position. Dryden Capital LLC owned 2.42% of William Penn Bancorporation worth $2,606,000 at the end of the most recent quarter. 31.18% of the stock is currently owned by hedge funds and other institutional investors.

William Penn Bancorporation Price Performance

NASDAQ:WMPN opened at $12.83 on Monday. William Penn Bancorporation has a 12-month low of $10.80 and a 12-month high of $13.87. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.32. The stock has a fifty day moving average price of $12.80 and a 200 day moving average price of $12.15.

William Penn Bancorporation (NASDAQ:WMPN) last announced its quarterly earnings data on Wednesday, October 16th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.05. William Penn Bancorporation had a negative return on equity of 0.19% and a negative net margin of 0.09%. The business had revenue of $4.79 million during the quarter, compared to analysts’ expectations of $4.86 million.

William Penn Bancorporation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Monday, October 28th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.94%. The ex-dividend date was Monday, October 28th.

William Penn Bancorporation Company Profile

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, savings and club, and individual retirement accounts.