FVCBankcorp, Inc. (NASDAQ:FVCB) Short Interest Update

FVCBankcorp, Inc. (NASDAQ:FVCB) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 72,800 shares, a drop of 6.3% from the December 15th total of 77,700 shares. Based on an average trading volume of 21,400 shares, the short-interest ratio is presently 3.4 days.

Insiders Place Their Bets

In related news, Chairman David W. Pijor sold 2,000 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $13.50, for a total transaction of $27,000.00. Following the sale, the chairman now owns 466,566 shares in the company, valued at $6,298,641. This represents a 0.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 13.99% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of FVCBankcorp by 148.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,628 shares of the company’s stock valued at $321,000 after acquiring an additional 14,696 shares in the last quarter. Barclays PLC boosted its position in FVCBankcorp by 286.4% during the third quarter. Barclays PLC now owns 21,529 shares of the company’s stock valued at $281,000 after purchasing an additional 15,957 shares during the last quarter. Geode Capital Management LLC grew its stake in FVCBankcorp by 1.4% in the third quarter. Geode Capital Management LLC now owns 357,570 shares of the company’s stock valued at $4,667,000 after purchasing an additional 4,820 shares in the last quarter. State Street Corp increased its position in FVCBankcorp by 2.0% in the 3rd quarter. State Street Corp now owns 307,284 shares of the company’s stock worth $4,010,000 after purchasing an additional 5,974 shares during the last quarter. Finally, Fourthstone LLC purchased a new stake in shares of FVCBankcorp during the 3rd quarter worth about $1,371,000. 43.61% of the stock is owned by hedge funds and other institutional investors.

FVCBankcorp Stock Performance

FVCB stock traded up $0.07 on Friday, reaching $11.81. The company’s stock had a trading volume of 17,133 shares, compared to its average volume of 20,537. FVCBankcorp has a 52 week low of $9.78 and a 52 week high of $14.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $214.94 million, a P/E ratio of 43.74 and a beta of 0.28. The firm has a fifty day moving average of $13.05 and a two-hundred day moving average of $12.48.

FVCBankcorp (NASDAQ:FVCB) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. FVCBankcorp had a net margin of 4.95% and a return on equity of 7.29%. The company had revenue of $30.05 million during the quarter, compared to analyst estimates of $15.07 million. As a group, analysts predict that FVCBankcorp will post 0.92 EPS for the current fiscal year.

About FVCBankcorp

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.