Short Interest in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Expands By 22.6%

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 25,500 shares, a growth of 22.6% from the January 31st total of 20,800 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 7,400 shares, the short-interest ratio is currently 3.4 days.

Fidelity D & D Bancorp Trading Up 1.7 %

Shares of FDBC stock opened at $43.94 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a fifty day moving average of $44.98 and a 200-day moving average of $49.61. The stock has a market cap of $252.04 million, a price-to-earnings ratio of 12.17 and a beta of 0.54. Fidelity D & D Bancorp has a 52-week low of $41.00 and a 52-week high of $61.21.

Fidelity D & D Bancorp (NASDAQ:FDBC) last announced its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.01 EPS for the quarter. Fidelity D & D Bancorp had a return on equity of 10.49% and a net margin of 16.50%.

Fidelity D & D Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be issued a $0.40 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.60 annualized dividend and a yield of 3.64%. Fidelity D & D Bancorp’s dividend payout ratio is currently 44.32%.

Insider Activity at Fidelity D & D Bancorp

In other news, Chairman Brian J. Cali bought 880 shares of the stock in a transaction on Monday, February 3rd. The shares were purchased at an average price of $44.00 per share, for a total transaction of $38,720.00. Following the completion of the purchase, the chairman now directly owns 403,439 shares of the company’s stock, valued at $17,751,316. This trade represents a 0.22 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 21.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Fidelity D & D Bancorp

Hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC lifted its stake in Fidelity D & D Bancorp by 62.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 639 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 245 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Fidelity D & D Bancorp by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 14,450 shares of the financial services provider’s stock valued at $705,000 after buying an additional 260 shares during the period. Renaissance Technologies LLC raised its holdings in Fidelity D & D Bancorp by 3.0% in the 4th quarter. Renaissance Technologies LLC now owns 10,300 shares of the financial services provider’s stock valued at $503,000 after buying an additional 300 shares during the last quarter. Wells Fargo & Company MN boosted its position in Fidelity D & D Bancorp by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 2,790 shares of the financial services provider’s stock worth $136,000 after buying an additional 607 shares during the period. Finally, Bank of New York Mellon Corp increased its position in Fidelity D & D Bancorp by 2.2% in the 4th quarter. Bank of New York Mellon Corp now owns 29,356 shares of the financial services provider’s stock valued at $1,433,000 after acquiring an additional 639 shares during the period. Institutional investors own 20.05% of the company’s stock.

About Fidelity D & D Bancorp

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.