BV Financial, Inc. (NASDAQ:BVFL) Short Interest Update

BV Financial, Inc. (NASDAQ:BVFL) was the target of a large increase in short interest in 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 daily volume of 48,100 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.7% of the company’s stock are sold short.

Institutional Trading of BV Financial

Several large investors have recently made changes to their positions in the business. Barclays PLC acquired a new position in BV Financial in the third quarter valued at approximately $52,000. Courier Capital LLC acquired a new position in BV Financial in the 3rd quarter worth about $384,000. Dimensional Fund Advisors LP boosted its position in BV Financial by 43.0% during the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock worth $351,000 after purchasing an additional 8,866 shares in the last quarter. Finally, Fourthstone LLC grew its holdings in BV Financial by 161.1% in the third quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock valued at $8,715,000 after purchasing an additional 350,325 shares during the period. 42.65% of the stock is owned by hedge funds and other institutional investors.

BV Financial Stock Performance

NASDAQ BVFL opened at $17.31 on Tuesday. BV Financial has a 52-week low of $10.14 and a 52-week high of $18.19. The firm’s 50 day moving average price is $16.58 and its 200-day moving average price is $14.83. The company has a market cap of $200.76 million, a PE ratio of 14.55 and a beta of 0.69.

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

About BV Financial

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.