First Capital, Inc. (NASDAQ:FCAP) Short Interest Up 10.4% in August

First Capital, Inc. (NASDAQ:FCAP) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 5,300 shares, an increase of 10.4% from the July 31st total of 4,800 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 3.3 days. Currently, 0.2% of the company’s shares are sold short.

Insider Buying and Selling at First Capital

In other First Capital news, Director John Shireman acquired 1,000 shares of First Capital stock in a transaction on Friday, August 2nd. The shares were purchased at an average cost of $31.93 per share, with a total value of $31,930.00. Following the completion of the purchase, the director now owns 1,000 shares in the company, valued at $31,930. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 4.39% of the company’s stock.

Institutional Trading of First Capital

An institutional investor recently bought a new position in First Capital stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of First Capital, Inc. (NASDAQ:FCAP) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,123 shares of the savings and loans company’s stock, valued at approximately $34,000. Institutional investors and hedge funds own 11.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on First Capital in a report on Wednesday, August 28th. They set a “hold” rating on the stock.

First Capital Trading Up 0.1 %

Shares of NASDAQ FCAP traded up $0.04 during midday trading on Tuesday, reaching $31.29. 445 shares of the stock were exchanged, compared to its average volume of 1,885. First Capital has a 12 month low of $22.95 and a 12 month high of $33.89. The company has a market capitalization of $104.92 million, a price-to-earnings ratio of 8.75 and a beta of 0.63. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.67. The business has a 50-day simple moving average of $30.83 and a two-hundred day simple moving average of $29.47.

First Capital (NASDAQ:FCAP) last posted its earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%. The firm had revenue of $10.68 million for the quarter.

First Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be given a $0.29 dividend. The ex-dividend date is Friday, September 13th. This is a positive change from First Capital’s previous quarterly dividend of $0.27. This represents a $1.16 annualized dividend and a dividend yield of 3.71%. First Capital’s payout ratio is currently 32.49%.

About First Capital

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.