First Capital, Inc. (NASDAQ:FCAP) Short Interest Up 21.4% in December

First Capital, Inc. (NASDAQ:FCAP) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 5,100 shares, an increase of 21.4% from the November 30th total of 4,200 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 3,300 shares, the short-interest ratio is presently 1.5 days.

Institutional Investors Weigh In On First Capital

Institutional investors and hedge funds have recently made changes to their positions in the stock. Empowered Funds LLC increased its stake in First Capital by 5.0% during the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after purchasing an additional 670 shares during the period. Geode Capital Management LLC lifted its holdings in First Capital by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after buying an additional 1,520 shares in the last quarter. Finally, Siena Capital Partners GP LLC increased its position in shares of First Capital by 17.4% during the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock worth $3,602,000 after acquiring an additional 15,277 shares during the period. 11.65% of the stock is owned by hedge funds and other institutional investors.

First Capital Trading Up 0.8 %

Shares of FCAP stock traded up $0.25 on Tuesday, hitting $32.25. 1,779 shares of the stock traded hands, compared to its average volume of 2,488. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. First Capital has a twelve month low of $26.03 and a twelve month high of $38.00. The firm’s 50-day moving average price is $32.77 and its two-hundred day moving average price is $32.41. The stock has a market capitalization of $108.10 million, a PE ratio of 9.14 and a beta of 0.58.

First Capital (NASDAQ:FCAP) last posted its earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. The company had revenue of $10.93 million for the quarter. First Capital had a net margin of 20.87% and a return on equity of 10.82%.

First Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 3.60%. The ex-dividend date was Friday, December 13th. First Capital’s dividend payout ratio (DPR) is presently 32.86%.

Analyst Ratings Changes

Separately, StockNews.com started coverage on First Capital in a research note on Thursday, December 26th. They set a “hold” rating on the stock.

First Capital Company Profile

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.