Short Interest in BV Financial, Inc. (NASDAQ:BVFL) Grows By 21.2%

BV Financial, Inc. (NASDAQ:BVFL) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 27,400 shares, a growth of 21.2% from the December 15th total of 22,600 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 51,600 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On BV Financial

Large investors have recently made changes to their positions in the business. Barclays PLC bought a new position in shares of BV Financial during the third quarter valued at approximately $52,000. Dimensional Fund Advisors LP increased its position in 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 period. Courier Capital LLC bought a new position in BV Financial in the 3rd quarter worth $384,000. Finally, Fourthstone LLC lifted its position in shares of BV Financial by 161.1% in the 3rd quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock worth $8,715,000 after purchasing an additional 350,325 shares during the period. 42.65% of the stock is currently owned by institutional investors.

BV Financial Price Performance

BV Financial stock traded up $0.21 during trading hours on Friday, reaching $17.14. The stock had a trading volume of 23,369 shares, compared to its average volume of 27,118. The company has a fifty day simple moving average of $16.99 and a 200-day simple moving average of $15.34. BV Financial has a 52 week low of $10.14 and a 52 week high of $18.19. The stock has a market cap of $198.82 million, a PE ratio of 14.40 and a beta of 0.67.

BV Financial (NASDAQ:BVFL) last posted its earnings results on Monday, October 21st. The company reported $0.35 earnings per share (EPS) 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.