Short Interest in Kentucky First Federal Bancorp (NASDAQ:KFFB) Expands By 67.7%

Kentucky First Federal Bancorp (NASDAQ:KFFB) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 27,258 shares, a growth of 67.7% from the July 30th total of 16,250 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 4,085 shares, the short-interest ratio is presently 6.7 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Kentucky First Federal Bancorp in a research note on Tuesday, August 25th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Kentucky First Federal Bancorp Stock Up 0.3%

Shares of KFFB stock traded up $0.01 on Tuesday, reaching $5.71. 797 shares of the company’s stock traded hands, compared to its average volume of 4,445. The company has a market capitalization of $46.23 million, a P/E ratio of 24.85 and a beta of 0.14. Kentucky First Federal Bancorp has a 12-month low of $2.97 and a 12-month high of $6.45. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.28 and a current ratio of 1.28. The business’s 50 day moving average price is $5.33 and its two-hundred day moving average price is $4.85.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last announced its quarterly earnings data on Tuesday, August 11th. The savings and loans company reported $0.08 earnings per share (EPS) for the quarter. Kentucky First Federal Bancorp had a return on equity of 3.88% and a net margin of 8.91%.The firm had revenue of $3.24 million during the quarter.

Kentucky First Federal Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Monday, August 31st will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, August 31st.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Kentucky First Federal Bancorp stock. Farmers National Bank acquired a new stake in Kentucky First Federal Bancorp (NASDAQ:KFFB) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 22,081 shares of the savings and loans company’s stock, valued at approximately $103,000. Farmers National Bank owned 0.27% of Kentucky First Federal Bancorp as of its most recent filing with the SEC. 3.16% of the stock is owned by hedge funds and other institutional investors.

About Kentucky First Federal Bancorp

Kentucky First Federal Bancorp is the bank holding company for Kentucky First Federal Savings and Loan Association, a community-focused financial institution headquartered in London, Kentucky. The company offers a comprehensive range of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit, designed to meet the needs of individuals, families, and local businesses. By maintaining a strong local presence, the organization emphasizes personalized service and relationship banking across its branch network.

On the lending side, Kentucky First Federal Bancorp provides residential mortgage financing, home equity loans, consumer installment loans and commercial real estate and business loans.