First Capital, Inc. (NASDAQ:FCAP) Sees Large Increase in Short Interest

First Capital, Inc. (NASDAQ:FCAP) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 90,591 shares, an increase of 25.2% from the January 15th total of 72,379 shares. Based on an average daily volume of 4,901 shares, the short-interest ratio is presently 18.5 days. Currently, 2.8% of the company’s stock are sold short. Currently, 2.8% of the company’s stock are sold short. Based on an average daily volume of 4,901 shares, the short-interest ratio is presently 18.5 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Wall Street Zen raised shares of First Capital to a “hold” rating in a research report on Saturday, January 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of First Capital in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Jones Financial Companies Lllp raised its holdings in shares of First Capital by 3,288.0% in the 1st quarter. Jones Financial Companies Lllp now owns 3,388 shares of the savings and loans company’s stock worth $129,000 after purchasing an additional 3,288 shares during the period. Empowered Funds LLC increased its position in First Capital by 6.9% in the first quarter. Empowered Funds LLC now owns 15,713 shares of the savings and loans company’s stock worth $599,000 after buying an additional 1,008 shares during the last quarter. CWM LLC bought a new stake in shares of First Capital in the second quarter valued at $31,000. Forvis Mazars Wealth Advisors LLC purchased a new position in shares of First Capital during the 2nd quarter valued at $228,000. Finally, Geode Capital Management LLC grew its stake in shares of First Capital by 109.7% during the 2nd quarter. Geode Capital Management LLC now owns 78,226 shares of the savings and loans company’s stock worth $3,231,000 after acquiring an additional 40,918 shares during the period. 11.65% of the stock is owned by institutional investors.

First Capital Trading Up 2.5%

Shares of FCAP stock traded up $1.30 during trading on Tuesday, hitting $53.52. The company’s stock had a trading volume of 6,987 shares, compared to its average volume of 6,309. The company has a market cap of $179.29 million, a PE ratio of 10.92 and a beta of 0.60. The business has a fifty day moving average of $56.32 and a 200-day moving average of $47.94. First Capital has a 52 week low of $33.73 and a 52 week high of $71.00.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings data on Friday, January 23rd. The savings and loans company reported $1.46 earnings per share (EPS) for the quarter. First Capital had a return on equity of 12.95% and a net margin of 25.06%.The firm had revenue of $13.49 million during the quarter.

First Capital Company Profile

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.