First Capital, Inc. (NASDAQ:FCAP) Short Interest Update

First Capital, Inc. (NASDAQ:FCAP) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 5,200 shares, a growth of 8.3% from the August 31st total of 4,800 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 2.3 days.

First Capital Stock Performance

Shares of NASDAQ:FCAP traded up $0.46 during trading on Tuesday, hitting $35.42. 1,650 shares of the company were exchanged, compared to its average volume of 2,300. The company has a market cap of $118.76 million, a PE ratio of 9.92 and a beta of 0.63. The stock has a 50 day moving average of $32.31 and a 200 day moving average of $30.31. First Capital has a 52-week low of $22.95 and a 52-week high of $38.00. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.67.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings data on Friday, July 26th. The savings and loans company reported $0.85 earnings per share (EPS) for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%. The company had revenue of $10.68 million for the quarter.

First Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date was Friday, September 13th. This is an increase from First Capital’s previous quarterly dividend of $0.27. First Capital’s dividend payout ratio (DPR) is 32.49%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on First Capital in a research report on Sunday. They set a “hold” rating on the stock.

Insiders Place Their Bets

In other First Capital news, Director John Shireman bought 1,000 shares of First Capital stock in a transaction dated Friday, August 2nd. The stock was bought at an average cost of $31.93 per share, with a total value of $31,930.00. Following the completion of the acquisition, the director now directly owns 1,000 shares in the company, valued at approximately $31,930. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 4.39% of the company’s stock.

Institutional Investors Weigh In On First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC increased its holdings in First Capital, Inc. (NASDAQ:FCAP) by 7.6% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,460 shares of the savings and loans company’s stock after buying an additional 875 shares during the period. Empowered Funds LLC owned 0.37% of First Capital worth $361,000 as of its most recent SEC filing. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

About First Capital

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.