Kentucky First Federal Bancorp (NASDAQ:KFFB) Sees Significant Growth in Short Interest

Kentucky First Federal Bancorp (NASDAQ:KFFB) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 27,258 shares, a growth of 67.7% from the July 30th total of 16,250 shares. Based on an average trading volume of 4,085 shares, the days-to-cover ratio is currently 6.7 days. Currently, 0.4% of the shares of the company are short sold.

Kentucky First Federal Bancorp Stock Performance

KFFB traded down $0.49 during trading on Monday, reaching $5.70. The company’s stock had a trading volume of 7,953 shares, compared to its average volume of 4,470. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.28 and a current ratio of 1.28. The company’s fifty day moving average price is $5.31 and its 200-day moving average price is $4.84. Kentucky First Federal Bancorp has a 52-week low of $2.97 and a 52-week high of $6.45. The company has a market capitalization of $46.10 million, a price-to-earnings ratio of 24.78 and a beta of 0.14.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last posted its quarterly earnings results on Tuesday, August 11th. The savings and loans company reported $0.08 earnings per share for the quarter. Kentucky First Federal Bancorp had a return on equity of 3.88% and a net margin of 8.91%.The firm had revenue of $3.24 million for the quarter.

Kentucky First Federal Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Monday, August 31st will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.5%. Kentucky First Federal Bancorp’s dividend payout ratio is 86.96%.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kentucky First Federal Bancorp in a report on Tuesday, August 25th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Institutional Trading of Kentucky First Federal Bancorp

A hedge fund recently bought a new stake in Kentucky First Federal Bancorp stock. BlackRock Inc. acquired a new position in shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,744 shares of the savings and loans company’s stock, valued at approximately $49,000. BlackRock Inc. owned approximately 0.12% of Kentucky First Federal Bancorp at the end of the most recent quarter. Institutional investors own 3.16% of the company’s stock.

About Kentucky First Federal Bancorp

Kentucky First Federal Bancorp is the bank holding company for Kentucky First Federal Savings and Loan Association, a community-focused financial institution headquartered in London, Kentucky. The company offers a comprehensive range of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit, designed to meet the needs of individuals, families, and local businesses. By maintaining a strong local presence, the organization emphasizes personalized service and relationship banking across its branch network.

On the lending side, Kentucky First Federal Bancorp provides residential mortgage financing, home equity loans, consumer installment loans and commercial real estate and business loans.