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

BV Financial, Inc. (NASDAQ:BVFL) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 22,500 shares, a drop of 24.5% from the January 31st total of 29,800 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 40,600 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Barclays PLC acquired a new stake in BV Financial during the third quarter worth approximately $52,000. Fourthstone LLC grew its stake in shares of BV Financial by 161.1% in the 3rd quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock valued at $8,715,000 after buying an additional 350,325 shares during the period. Dimensional Fund Advisors LP increased its position in BV Financial by 57.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 46,504 shares of the company’s stock valued at $801,000 after buying an additional 16,997 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new position in BV Financial during the 4th quarter worth approximately $419,000. Finally, Susquehanna International Group LLP grew its stake in BV Financial by 214.4% in the fourth quarter. Susquehanna International Group LLP now owns 148,007 shares of the company’s stock valued at $2,549,000 after acquiring an additional 100,936 shares during the period. 42.65% of the stock is owned by institutional investors.

BV Financial Trading Down 1.3 %

BVFL traded down $0.20 during trading on Wednesday, reaching $15.40. 24,957 shares of the company’s stock were exchanged, compared to its average volume of 31,933. BV Financial has a one year low of $10.14 and a one year high of $18.19. The firm has a fifty day moving average price of $16.13 and a two-hundred day moving average price of $15.84. The stock has a market capitalization of $178.61 million, a PE ratio of 14.13 and a beta of 0.61.

BV Financial (NASDAQ:BVFL) last issued its quarterly earnings data on Monday, January 27th. The company reported $0.25 earnings per share for the quarter. BV Financial had a net margin of 23.83% and a return on equity of 6.09%.

About BV Financial

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.