William Penn Bancorporation (NASDAQ:WMPN) Short Interest Up 31.8% in October

William Penn Bancorporation (NASDAQ:WMPN) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 25,300 shares, an increase of 31.8% from the October 15th total of 19,200 shares. Based on an average daily volume of 31,300 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the company’s stock are sold short.

William Penn Bancorporation Stock Performance

Shares of WMPN stock opened at $13.27 on Thursday. William Penn Bancorporation has a fifty-two week low of $10.80 and a fifty-two week high of $13.45. The company has a 50 day moving average price of $12.28 and a 200 day moving average price of $11.99. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.78 and a current ratio of 0.78.

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

William Penn Bancorporation Dividend Announcement

The business 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. The ex-dividend date of this dividend was Monday, October 28th. This represents a $0.12 annualized dividend and a yield of 0.90%.

Hedge Funds Weigh In On William Penn Bancorporation

A hedge fund recently bought a new stake in William Penn Bancorporation stock. Acadian Asset Management LLC bought a new position in shares of William Penn Bancorporation (NASDAQ:WMPN) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,027 shares of the company’s stock, valued at approximately $48,000. Institutional investors own 31.18% of the company’s stock.

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.