BV Financial, Inc. (NASDAQ:BVFL) Short Interest Update

BV Financial, Inc. (NASDAQ:BVFL) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 15,600 shares, a drop of 8.8% from the October 31st total of 17,100 shares. Based on an average daily volume of 42,900 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Investors Weigh In On BV Financial

Several institutional investors and hedge funds have recently modified their holdings of BVFL. Barclays PLC purchased a new position in BV Financial in the third quarter worth about $52,000. Fourthstone LLC increased its position in shares of BV Financial by 161.1% during the 3rd quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock valued at $8,715,000 after purchasing an additional 350,325 shares during the last quarter. Courier Capital LLC purchased a new stake in BV Financial during the 3rd quarter valued at $384,000. Dimensional Fund Advisors LP lifted its position in BV Financial by 43.0% in the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock worth $351,000 after buying an additional 8,866 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of BV Financial by 28.9% in the first quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock valued at $4,977,000 after acquiring an additional 108,015 shares during the period. Institutional investors own 42.65% of the company’s stock.

BV Financial Stock Up 0.4 %

BVFL traded up $0.07 during midday trading on Monday, hitting $16.99. 2,642 shares of the company traded hands, compared to its average volume of 22,289. The company’s 50-day moving average is $15.68 and its 200 day moving average is $13.89. The firm has a market capitalization of $197.08 million, a PE ratio of 14.22 and a beta of 0.65. BV Financial has a 52 week low of $10.14 and a 52 week high of $17.44.

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

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.