First Capital, Inc. (NASDAQ:FCAP) Short Interest Up 11.8% in December

First Capital, Inc. (NASDAQ:FCAP) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 5,700 shares, an increase of 11.8% from the December 15th total of 5,100 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 2.0 days.

First Capital Trading Down 1.7 %

FCAP opened at $31.38 on Monday. First Capital has a fifty-two week low of $26.03 and a fifty-two week high of $38.00. The company has a market cap of $105.12 million, a price-to-earnings ratio of 8.89 and a beta of 0.57. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a 50 day simple moving average of $32.01 and a 200 day simple moving average of $32.63.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%. The company had revenue of $10.93 million for the quarter.

First Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a dividend of $0.29 per share. The ex-dividend date was Friday, December 13th. This represents a $1.16 annualized dividend and a dividend yield of 3.70%. First Capital’s payout ratio is currently 32.86%.

Institutional Trading of First Capital

Hedge funds have recently modified their holdings of the company. Empowered Funds LLC increased its stake in First Capital by 5.0% in the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock valued at $490,000 after purchasing an additional 670 shares in the last quarter. Geode Capital Management LLC raised its stake in First Capital by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after buying an additional 1,520 shares during the period. Finally, Siena Capital Partners GP LLC lifted its holdings in First Capital by 17.4% during the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock worth $3,602,000 after acquiring an additional 15,277 shares in the last quarter. 11.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com began coverage on First Capital in a research report on Sunday. They issued a “hold” rating on the stock.

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.