Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Stock Short Interest Rises 57.6%

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 5,380 shares, a growth of 57.6% from the September 15th total of 3,413 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 1,322 shares, the days-to-cover ratio is presently 4.1 days.

Institutional Trading of Home Federal Bancorp, Inc. of Louisiana

An institutional investor recently bought a new stake in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. purchased a new stake in Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 7,059 shares of the bank’s stock, valued at approximately $148,000. BlackRock Inc. owned approximately 0.23% of Home Federal Bancorp, Inc. of Louisiana as of its most recent SEC filing. 21.12% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research note on Friday, October 2nd. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, Home Federal Bancorp, Inc. of Louisiana presently has a consensus rating of “Hold”.

Home Federal Bancorp, Inc. of Louisiana Price Performance

HFBL remained flat at $24.12 during midday trading on Friday. The company’s stock had a trading volume of 5,899 shares, compared to its average volume of 995. Home Federal Bancorp, Inc. of Louisiana has a fifty-two week low of $14.00 and a fifty-two week high of $28.00. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. The firm has a 50 day moving average price of $24.85 and a two-hundred day moving average price of $21.85. The company has a market cap of $73.11 million, a PE ratio of 12.06 and a beta of 0.41.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last issued its quarterly earnings data on Thursday, July 30th. The bank reported $0.46 earnings per share for the quarter. Home Federal Bancorp, Inc. of Louisiana had a return on equity of 10.69% and a net margin of 17.56%. The firm had revenue of $6.51 million for the quarter.

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana is the holding company for Home Federal Bank, a community-oriented financial institution headquartered in Shreveport, Louisiana. The bank serves individuals, families, businesses and organizations primarily in northern Louisiana.

Home Federal Bank offers a range of traditional banking products and services, including deposit accounts, checking and savings accounts, certificates of deposit, residential mortgage loans, consumer loans, commercial real estate financing and other business lending.