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

BV Financial, Inc. (NASDAQ:BVFL) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 17,100 shares, an increase of 17.1% from the October 15th total of 14,600 shares. Based on an average daily trading volume, of 28,000 shares, the short-interest ratio is currently 0.6 days. Currently, 0.6% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in 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 purchasing an additional 108,015 shares during the period. Covestor Ltd boosted its holdings in BV Financial by 99.8% in the first quarter. Covestor Ltd now owns 4,003 shares of the company’s stock valued at $41,000 after purchasing an additional 1,999 shares during the period. Courier Capital LLC purchased a new position in BV Financial in the third quarter valued at $384,000. Dimensional Fund Advisors LP boosted its holdings in BV Financial by 43.0% in the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock valued at $351,000 after purchasing an additional 8,866 shares during the period. Finally, Barclays PLC purchased a new position in BV Financial in the third quarter valued at $52,000. 42.65% of the stock is currently owned by hedge funds and other institutional investors.

BV Financial Stock Performance

Shares of BVFL remained flat at $15.95 during midday trading on Friday. The stock had a trading volume of 37,991 shares, compared to its average volume of 18,868. BV Financial has a 1-year low of $10.14 and a 1-year high of $16.16. The stock’s 50-day moving average is $15.33 and its two-hundred day moving average is $13.42. The firm has a market cap of $181.67 million, a price-to-earnings ratio of 13.40 and a beta of 0.65.

BV Financial (NASDAQ:BVFL) last released its quarterly earnings results on Monday, October 21st. The company reported $0.35 EPS for the quarter. BV Financial had a return on equity of 6.33% and a net margin of 26.18%. The business had revenue of $10.00 million during 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.