Fvcbankcorp, Inc. (NASDAQ:FVCB) Sees Significant Growth in Short Interest

Fvcbankcorp, Inc. (NASDAQ:FVCB) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 362,234 shares, an increase of 73.4% from the June 15th total of 208,954 shares. Based on an average daily volume of 266,345 shares, the days-to-cover ratio is currently 1.4 days. Currently, 2.3% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on FVCB shares. Piper Sandler restated an “overweight” rating and issued a $19.00 target price (up from $18.00) on shares of Fvcbankcorp in a report on Monday, May 4th. Weiss Ratings restated a “buy (b)” rating on shares of Fvcbankcorp in a research note on Friday, June 26th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $19.00.

Fvcbankcorp Stock Performance

NASDAQ FVCB traded down $0.39 on Friday, reaching $17.82. The stock had a trading volume of 104,357 shares, compared to its average volume of 167,364. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03. Fvcbankcorp has a 12-month low of $11.83 and a 12-month high of $18.41. The business’s 50-day moving average price is $16.58 and its 200 day moving average price is $15.63. The stock has a market cap of $320.76 million, a P/E ratio of 13.92 and a beta of 0.34.

Fvcbankcorp (NASDAQ:FVCB) last announced its earnings results on Tuesday, April 21st. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The business had revenue of $18.29 million for the quarter, compared to analyst estimates of $18.24 million. Fvcbankcorp had a net margin of 18.85% and a return on equity of 9.22%. As a group, equities analysts expect that Fvcbankcorp will post 1.47 earnings per share for the current year.

Fvcbankcorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, July 27th will be paid a dividend of $0.07 per share. The ex-dividend date is Monday, July 27th. This represents a $0.28 dividend on an annualized basis and a yield of 1.6%. Fvcbankcorp’s dividend payout ratio is currently 21.88%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. boosted its stake in shares of Fvcbankcorp by 115.6% during the third quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock worth $38,000 after buying an additional 1,589 shares during the period. BNP Paribas Financial Markets increased its position in Fvcbankcorp by 138.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company’s stock valued at $55,000 after acquiring an additional 2,468 shares during the period. Tower Research Capital LLC TRC purchased a new stake in Fvcbankcorp during the 2nd quarter valued at approximately $71,000. Invesco Ltd. purchased a new stake in Fvcbankcorp during the 4th quarter valued at approximately $140,000. Finally, Jane Street Group LLC acquired a new stake in Fvcbankcorp during the 1st quarter worth approximately $154,000. 43.61% of the stock is currently owned by institutional investors and hedge funds.

About Fvcbankcorp

Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.

The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.