Short Interest in BV Financial, Inc. (NASDAQ:BVFL) Drops By 18.0%

BV Financial, Inc. (NASDAQ:BVFL) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 7,300 shares, a decrease of 18.0% from the June 15th total of 8,900 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 8,900 shares, the short-interest ratio is currently 0.8 days.

BV Financial Stock Up 1.5 %

Shares of BVFL stock traded up $0.19 on Friday, reaching $12.75. The stock had a trading volume of 8,184 shares, compared to its average volume of 7,288. The firm’s 50-day moving average is $11.30 and its two-hundred day moving average is $11.89. The firm has a market capitalization of $145.10 million and a price-to-earnings ratio of 9.17. BV Financial has a 12 month low of $9.65 and a 12 month high of $17.98.

BV Financial (NASDAQ:BVFL) last announced its earnings results on Monday, April 22nd. The company reported $0.24 EPS for the quarter. The company had revenue of $8.54 million for the quarter. BV Financial had a net margin of 27.28% and a return on equity of 7.52%.

Hedge Funds Weigh In On BV Financial

A number of hedge funds have recently bought and sold shares of BVFL. Vanguard Group Inc. boosted its holdings in BV Financial by 28.9% during the first quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock worth $4,977,000 after purchasing an additional 108,015 shares during the last quarter. BlackBarn Capital Partners LP purchased a new stake in shares of BV Financial in the 4th quarter valued at $6,806,000. BHZ Capital Management LP purchased a new stake in shares of BV Financial in the 4th quarter valued at $245,000. Finally, Covestor Ltd boosted its position in BV Financial by 99.8% during the 1st quarter. Covestor Ltd now owns 4,003 shares of the company’s stock valued at $41,000 after buying an additional 1,999 shares during the period. 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.