First Capital, Inc. (NASDAQ:FCAP) Short Interest Down 8.8% in July

First Capital, Inc. (NASDAQ:FCAP) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 6,200 shares, a decline of 8.8% from the June 30th total of 6,800 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is presently 3.4 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Trading of First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC increased its position in First Capital, Inc. (NASDAQ:FCAP) by 7.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 12,460 shares of the savings and loans company’s stock after acquiring an additional 875 shares during the quarter. Empowered Funds LLC owned about 0.37% of First Capital worth $361,000 as of its most recent SEC filing. 11.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of First Capital in a research report on Saturday, July 27th. They set a “hold” rating on the stock.

First Capital Stock Up 0.2 %

Shares of FCAP traded up $0.05 during trading hours on Thursday, hitting $30.71. The stock had a trading volume of 1,371 shares, compared to its average volume of 1,700. The firm has a 50 day simple moving average of $30.08 and a 200-day simple moving average of $29.01. First Capital has a 1-year low of $22.95 and a 1-year high of $37.60. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.66 and a quick ratio of 0.66. The firm has a market capitalization of $102.88 million, a P/E ratio of 8.60 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share for the quarter. The business had revenue of $10.68 million for the quarter. First Capital had a net margin of 22.04% and a return on equity of 12.01%.

First Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date was Friday, June 14th. First Capital’s dividend payout ratio (DPR) is currently 30.25%.

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.