First Capital, Inc. (NASDAQ:FCAP) Short Interest Update

First Capital, Inc. (NASDAQ:FCAP) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 4,800 shares, a decrease of 9.4% from the August 15th total of 5,300 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 3.0 days.

First Capital Price Performance

NASDAQ:FCAP traded down $0.03 during trading hours on Tuesday, reaching $32.03. 1,344 shares of the company were exchanged, compared to its average volume of 1,907. The business has a 50 day moving average of $31.31 and a 200 day moving average of $29.80. First Capital has a 1-year low of $22.95 and a 1-year high of $33.39. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.67. The company has a market capitalization of $107.40 million, a P/E ratio of 8.97 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last released its earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share (EPS) for the quarter. The company had revenue of $10.68 million for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%.

First Capital Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be issued a $0.29 dividend. This is a positive change from First Capital’s previous quarterly dividend of $0.27. This represents a $1.16 annualized dividend and a yield of 3.62%. The ex-dividend date is Friday, September 13th. First Capital’s dividend payout ratio (DPR) is currently 32.49%.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of First Capital in a research note on Friday. They issued a “hold” rating on the stock.

Insider Buying and Selling at First Capital

In other news, Director John Shireman acquired 1,000 shares of First Capital stock in a transaction dated Friday, August 2nd. The stock was bought at an average price of $31.93 per share, for a total transaction of $31,930.00. Following the completion of the acquisition, the director now directly owns 1,000 shares in the company, valued at approximately $31,930. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 4.39% of the company’s stock.

Institutional Trading of First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC lifted its holdings in shares of First Capital, Inc. (NASDAQ:FCAP) by 7.6% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,460 shares of the savings and loans company’s stock after buying an additional 875 shares during the period. Empowered Funds LLC owned about 0.37% of First Capital worth $361,000 as of its most recent filing with the SEC. 11.65% of the stock is currently owned by institutional investors and hedge funds.

About First Capital

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.