Short Interest in William Penn Bancorporation (NASDAQ:WMPN) Expands By 77.9%

William Penn Bancorporation (NASDAQ:WMPN) saw a significant growth in short interest in July. As of July 15th, there was short interest totalling 35,400 shares, a growth of 77.9% from the June 30th total of 19,900 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 13,200 shares, the short-interest ratio is presently 2.7 days.

William Penn Bancorporation Price Performance

Shares of NASDAQ WMPN traded down $0.02 on Friday, hitting $11.90. The company’s stock had a trading volume of 11,033 shares, compared to its average volume of 10,494. William Penn Bancorporation has a 12-month low of $10.80 and a 12-month high of $12.96. The company has a market capitalization of $112.34 million, a price-to-earnings ratio of 132.22 and a beta of -0.04. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a 50 day moving average of $11.70 and a 200-day moving average of $12.04.

William Penn Bancorporation (NASDAQ:WMPN) last announced its quarterly earnings results on Wednesday, July 17th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.07. The company had revenue of $8.92 million for the quarter, compared to the consensus estimate of $4.52 million. William Penn Bancorporation had a net margin of 0.48% and a negative return on equity of 0.16%.

William Penn Bancorporation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 8th. Stockholders of record on Monday, July 29th will be given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Monday, July 29th. William Penn Bancorporation’s dividend payout ratio is presently 133.33%.

Hedge Funds Weigh In On William Penn Bancorporation

Institutional investors have recently modified their holdings of the company. Citigroup Inc. acquired a new position in shares of William Penn Bancorporation in the third quarter valued at approximately $36,000. Acadian Asset Management LLC acquired a new position in shares of William Penn Bancorporation in the first quarter valued at approximately $48,000. Finally, Wittenberg Investment Management Inc. acquired a new position in shares of William Penn Bancorporation in the first quarter valued at approximately $124,000. Institutional investors and hedge funds own 31.18% of the company’s stock.

About William Penn Bancorporation

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, NOW, savings and club, and individual retirement accounts.