Short Interest in Kentucky First Federal Bancorp (NASDAQ:KFFB) Declines By 16.4%

Kentucky First Federal Bancorp (NASDAQ:KFFB) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 5,100 shares, a decrease of 16.4% from the March 15th total of 6,100 shares. Based on an average trading volume of 4,000 shares, the short-interest ratio is presently 1.3 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in KFFB. UBS Group AG raised its holdings in shares of Kentucky First Federal Bancorp by 13.1% in the second quarter. UBS Group AG now owns 15,838 shares of the savings and loans company’s stock worth $127,000 after buying an additional 1,840 shares during the last quarter. Captrust Financial Advisors purchased a new position in shares of Kentucky First Federal Bancorp in the second quarter worth $36,000. Advisor Group Holdings Inc. raised its holdings in shares of Kentucky First Federal Bancorp by 625.3% in the fourth quarter. Advisor Group Holdings Inc. now owns 5,077 shares of the savings and loans company’s stock worth $34,000 after buying an additional 4,377 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Kentucky First Federal Bancorp by 220.9% in the second quarter. Tower Research Capital LLC TRC now owns 8,089 shares of the savings and loans company’s stock worth $50,000 after buying an additional 5,568 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Kentucky First Federal Bancorp by 5.3% in the third quarter. Vanguard Group Inc. now owns 48,924 shares of the savings and loans company’s stock worth $243,000 after buying an additional 2,453 shares during the last quarter. Hedge funds and other institutional investors own 3.16% of the company’s stock.

Kentucky First Federal Bancorp Trading Down 1.0 %

NASDAQ:KFFB opened at $3.80 on Tuesday. Kentucky First Federal Bancorp has a 52 week low of $3.76 and a 52 week high of $6.84. The firm has a 50 day moving average of $3.89 and a 200 day moving average of $4.28. The company has a quick ratio of 1.39, a current ratio of 1.40 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $30.74 million, a price-to-earnings ratio of -75.98 and a beta of 0.28.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last posted its earnings results on Monday, February 12th. The savings and loans company reported ($0.05) EPS for the quarter. Kentucky First Federal Bancorp had a negative net margin of 2.39% and a negative return on equity of 0.70%. The firm had revenue of $1.70 million for the quarter.

About Kentucky First Federal Bancorp

Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc that provide various banking products and services in Kentucky. It accepts deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts.