Kentucky First Federal Bancorp (NASDAQ:KFFB) Short Interest Up 12.5% in July

Kentucky First Federal Bancorp (NASDAQ:KFFB) saw a significant increase in short interest in July. As of July 15th, there was short interest totalling 5,400 shares, an increase of 12.5% from the June 30th total of 4,800 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Investors Weigh In On Kentucky First Federal Bancorp

A hedge fund recently raised its stake in Kentucky First Federal Bancorp stock. Vanguard Group Inc. boosted its holdings in shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) by 5.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,924 shares of the savings and loans company’s stock after buying an additional 2,453 shares during the period. Vanguard Group Inc. owned approximately 0.60% of Kentucky First Federal Bancorp worth $243,000 as of its most recent SEC filing. Institutional investors own 3.16% of the company’s stock.

Kentucky First Federal Bancorp Stock Performance

Shares of NASDAQ KFFB traded up $0.05 during mid-day trading on Wednesday, hitting $3.50. The company had a trading volume of 1,807 shares, compared to its average volume of 4,251. The company has a market capitalization of $28.35 million, a price-to-earnings ratio of -43.75 and a beta of 0.22. Kentucky First Federal Bancorp has a 1 year low of $3.04 and a 1 year high of $6.34. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 1.48. The stock’s 50-day moving average price is $3.28 and its 200-day moving average price is $3.65.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last announced its quarterly earnings results on Friday, May 10th. The savings and loans company reported ($0.01) earnings per share for the quarter. The company had revenue of $1.84 million during the quarter. Kentucky First Federal Bancorp had a negative net margin of 3.85% and a negative return on equity of 1.21%.

About Kentucky First Federal Bancorp

Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc that provide various banking products and services in Kentucky. It accepts deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts.