Short Interest in BV Financial, Inc. (NASDAQ:BVFL) Grows By 21.2%

BV Financial, Inc. (NASDAQ:BVFL) saw a significant growth in short interest in 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. Based on an average daily volume of 51,600 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.9% of the company’s stock are sold short.

BV Financial Price Performance

BVFL stock traded up $0.21 during midday trading on Friday, hitting $17.14. The stock had a trading volume of 23,369 shares, compared to its average volume of 27,118. The business has a 50-day moving average of $16.99 and a two-hundred day moving average of $15.34. The firm has a market cap of $198.82 million, a price-to-earnings ratio of 14.40 and a beta of 0.67. BV Financial has a 52-week low of $10.14 and a 52-week high of $18.19.

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

Institutional Investors Weigh In On BV Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Barclays PLC purchased a new position in shares of BV Financial during the third quarter valued at approximately $52,000. Fourthstone LLC grew its stake in shares of BV Financial by 161.1% in the 3rd quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock worth $8,715,000 after buying an additional 350,325 shares during the last quarter. Courier Capital LLC bought a new position in BV Financial during the 3rd quarter valued at approximately $384,000. Finally, Dimensional Fund Advisors LP raised its stake in BV Financial by 43.0% during the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock valued at $351,000 after buying an additional 8,866 shares during the last quarter. Hedge funds and other institutional investors own 42.65% of the company’s stock.

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.