Fvcbankcorp, Inc. (NASDAQ:FVCB) Short Interest Update

Fvcbankcorp, Inc. (NASDAQ:FVCB) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 362,234 shares, a growth of 73.4% from the June 15th total of 208,954 shares. Based on an average daily volume of 266,345 shares, the days-to-cover ratio is presently 1.4 days. Approximately 2.3% of the shares of the company are short sold.

Institutional Investors Weigh In On Fvcbankcorp

Several hedge funds have recently modified their holdings of the company. Ategra Capital Management LLC increased its stake in shares of Fvcbankcorp by 211.3% in the 3rd quarter. Ategra Capital Management LLC now owns 368,633 shares of the company’s stock valued at $4,781,000 after purchasing an additional 250,232 shares in the last quarter. Fourthstone LLC boosted its position in Fvcbankcorp by 19.6% during the fourth quarter. Fourthstone LLC now owns 1,088,952 shares of the company’s stock worth $15,147,000 after purchasing an additional 178,132 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Fvcbankcorp in the third quarter valued at approximately $678,000. Renaissance Technologies LLC increased its position in shares of Fvcbankcorp by 37.4% in the first quarter. Renaissance Technologies LLC now owns 116,475 shares of the company’s stock valued at $1,769,000 after buying an additional 31,700 shares in the last quarter. Finally, Millennium Management LLC increased its position in shares of Fvcbankcorp by 52.8% in the third quarter. Millennium Management LLC now owns 72,568 shares of the company’s stock valued at $941,000 after buying an additional 25,075 shares in the last quarter. 43.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on FVCB shares. Piper Sandler reissued an “overweight” rating and set a $19.00 price target (up from $18.00) on shares of Fvcbankcorp in a research report on Monday, May 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Fvcbankcorp in a report on Friday, June 26th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.00.

Fvcbankcorp Trading Up 2.9%

Shares of NASDAQ:FVCB opened at $18.21 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.09. Fvcbankcorp has a 12-month low of $11.83 and a 12-month high of $18.41. The business has a 50 day moving average of $16.53 and a two-hundred day moving average of $15.61. The company has a market capitalization of $327.78 million, a PE ratio of 14.23 and a beta of 0.34.

Fvcbankcorp (NASDAQ:FVCB) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The business had revenue of $18.29 million for the quarter, compared to analysts’ expectations of $18.24 million. Fvcbankcorp had a net margin of 18.85% and a return on equity of 9.22%. As a group, analysts forecast that Fvcbankcorp will post 1.47 EPS for the current year.

Fvcbankcorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, July 27th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, July 27th. Fvcbankcorp’s dividend payout ratio (DPR) is currently 21.88%.

About Fvcbankcorp

Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.

The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.