BV Financial, Inc. (NASDAQ:BVFL) Sees Significant Growth in Short Interest

BV Financial, Inc. (NASDAQ:BVFL) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 27,400 shares, a growth of 21.2% from the December 15th total of 22,600 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 51,600 shares, the days-to-cover ratio is currently 0.5 days.

BV Financial Trading Up 1.2 %

Shares of NASDAQ BVFL traded up $0.21 on Friday, reaching $17.14. 23,369 shares of the company traded hands, compared to its average volume of 33,697. The stock has a market capitalization of $198.82 million, a PE ratio of 14.40 and a beta of 0.67. BV Financial has a fifty-two week low of $10.14 and a fifty-two week high of $18.19. The company has a 50 day moving average of $16.99 and a 200 day moving average of $15.31.

BV Financial (NASDAQ:BVFL) last issued its quarterly earnings results on Monday, October 21st. The company reported $0.35 EPS for the quarter. The firm had revenue of $10.00 million during the quarter. BV Financial had a net margin of 26.18% and a return on equity of 6.27%.

Institutional Trading of BV Financial

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Barclays PLC purchased a new stake in BV Financial during the third quarter valued at about $52,000. Dimensional Fund Advisors LP lifted its stake in shares of BV Financial by 43.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock valued at $351,000 after purchasing an additional 8,866 shares in the last quarter. Courier Capital LLC purchased a new stake in shares of BV Financial during the 3rd quarter worth about $384,000. Finally, Fourthstone LLC increased its position in BV Financial by 161.1% during the 3rd quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock worth $8,715,000 after purchasing an additional 350,325 shares in the last quarter. 42.65% of the stock is currently owned by institutional investors and hedge funds.

BV Financial Company Profile

BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.