BV Financial, Inc. (NASDAQ:BVFL) Sees Large Decrease in Short Interest

BV Financial, Inc. (NASDAQ:BVFL) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 15,600 shares, a drop of 8.8% from the October 31st total of 17,100 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 42,900 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Barclays PLC purchased a new stake in BV Financial during the third quarter worth about $52,000. Dimensional Fund Advisors LP raised its holdings in BV Financial by 43.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock valued at $351,000 after buying an additional 8,866 shares during the last quarter. Courier Capital LLC bought a new position in BV Financial in the 3rd quarter worth $384,000. Vanguard Group Inc. raised its holdings in BV Financial by 28.9% in the 1st quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock worth $4,977,000 after purchasing an additional 108,015 shares in the last quarter. Finally, Fourthstone LLC grew its position in shares of BV Financial by 161.1% in the 3rd quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock worth $8,715,000 after buying an additional 350,325 shares during the period. 42.65% of the stock is owned by institutional investors.

BV Financial Stock Down 0.5 %

BVFL stock traded down $0.09 during midday trading on Tuesday, reaching $16.91. The company’s stock had a trading volume of 35,599 shares, compared to its average volume of 22,375. The business’s 50-day simple moving average is $15.71 and its 200-day simple moving average is $13.93. The stock has a market cap of $196.12 million, a PE ratio of 14.29 and a beta of 0.69. BV Financial has a 52 week low of $10.14 and a 52 week high of $17.44.

BV Financial (NASDAQ:BVFL) last released its quarterly earnings data on Monday, October 21st. The company reported $0.35 earnings per share for the quarter. The company had revenue of $10.00 million for the quarter. BV Financial had a net margin of 26.18% and a return on equity of 6.27%.

BV Financial Company Profile

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.