Short Interest in William Penn Bancorporation (NASDAQ:WMPN) Drops By 45.9%

William Penn Bancorporation (NASDAQ:WMPN) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 18,300 shares, a decline of 45.9% from the February 13th total of 33,800 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 14,500 shares, the short-interest ratio is currently 1.3 days.

William Penn Bancorporation Stock Down 0.4 %

WMPN opened at $10.77 on Friday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.24. The firm has a 50 day moving average price of $12.05 and a 200-day moving average price of $12.30. William Penn Bancorporation has a twelve month low of $10.43 and a twelve month high of $13.87. The stock has a market capitalization of $99.17 million, a price-to-earnings ratio of -89.74 and a beta of 0.03.

William Penn Bancorporation (NASDAQ:WMPN) last released its quarterly earnings data on Wednesday, January 15th. The company reported ($0.09) earnings per share for the quarter. William Penn Bancorporation had a negative net margin of 2.90% and a negative return on equity of 0.65%.

William Penn Bancorporation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, January 27th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.12 dividend on an annualized basis and a yield of 1.11%. William Penn Bancorporation’s dividend payout ratio is currently -100.00%.

Institutional Trading of William Penn Bancorporation

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WMPN. Alliancebernstein L.P. purchased a new stake in William Penn Bancorporation during the fourth quarter valued at approximately $5,047,000. Gardner Lewis Asset Management L P purchased a new stake in William Penn Bancorporation during the fourth quarter valued at approximately $2,827,000. Yakira Capital Management Inc. purchased a new stake in William Penn Bancorporation during the fourth quarter valued at approximately $1,382,000. Deprince Race & Zollo Inc. increased its holdings in William Penn Bancorporation by 26.1% during the fourth quarter. Deprince Race & Zollo Inc. now owns 250,951 shares of the company’s stock valued at $3,011,000 after buying an additional 51,897 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of William Penn Bancorporation in the fourth quarter worth $326,000. 31.18% of the stock is owned by hedge funds and other institutional investors.

About William Penn Bancorporation

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.