SB Financial Group, Inc. (NASDAQ:SBFG) Short Interest Update

SB Financial Group, Inc. (NASDAQ:SBFG) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 3,800 shares, a decrease of 22.4% from the May 15th total of 4,900 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is currently 1.3 days.

Institutional Trading of SB Financial Group

A hedge fund recently raised its stake in SB Financial Group stock. Gendell Jeffrey L boosted its stake in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 7.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,823 shares of the financial services provider’s stock after purchasing an additional 3,335 shares during the period. Gendell Jeffrey L owned 0.72% of SB Financial Group worth $673,000 as of its most recent filing with the SEC. Institutional investors own 66.67% of the company’s stock.

SB Financial Group Stock Down 2.5 %

Shares of SBFG traded down $0.35 on Friday, hitting $13.85. The company’s stock had a trading volume of 625 shares, compared to its average volume of 3,517. The firm’s fifty day moving average price is $13.70 and its 200-day moving average price is $14.30. SB Financial Group has a fifty-two week low of $12.30 and a fifty-two week high of $16.25. The company has a quick ratio of 0.89, a current ratio of 0.90 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $93.63 million, a price-to-earnings ratio of 7.91 and a beta of 0.69.

SB Financial Group (NASDAQ:SBFG) last released its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.03. SB Financial Group had a net margin of 15.47% and a return on equity of 10.00%. The company had revenue of $13.13 million during the quarter, compared to analysts’ expectations of $13.50 million. On average, equities research analysts expect that SB Financial Group will post 1.41 EPS for the current year.

SB Financial Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Friday, May 10th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date was Thursday, May 9th. This is a boost from SB Financial Group’s previous quarterly dividend of $0.14. SB Financial Group’s dividend payout ratio is 32.00%.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on SB Financial Group in a research note on Sunday, June 9th. They issued a “hold” rating for the company.

SB Financial Group Company Profile

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.