First Savings Financial Group, Inc. (NASDAQ:FSFG) Short Interest Update

First Savings Financial Group, Inc. (NASDAQ:FSFG) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totalling 13,100 shares, an increase of 56.0% from the June 15th total of 8,400 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is presently 2.7 days.

Institutional Investors Weigh In On First Savings Financial Group

A hedge fund recently raised its stake in First Savings Financial Group stock. Empowered Funds LLC raised its stake in shares of First Savings Financial Group, Inc. (NASDAQ:FSFG) by 8.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 29,930 shares of the bank’s stock after buying an additional 2,209 shares during the period. Empowered Funds LLC owned about 0.44% of First Savings Financial Group worth $501,000 as of its most recent SEC filing. 35.22% of the stock is owned by institutional investors.

First Savings Financial Group Price Performance

Shares of NASDAQ FSFG opened at $18.75 on Monday. First Savings Financial Group has a twelve month low of $13.20 and a twelve month high of $19.00. The firm has a market cap of $129 million, a P/E ratio of 17.36 and a beta of 0.73. The company has a 50 day moving average of $16.85 and a 200 day moving average of $16.72. The company has a quick ratio of 1.08, a current ratio of 1.09 and a debt-to-equity ratio of 2.21.

First Savings Financial Group (NASDAQ:FSFG) last announced its earnings results on Thursday, April 25th. The bank reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.09. The business had revenue of $18.05 million during the quarter, compared to analyst estimates of $18.00 million. First Savings Financial Group had a net margin of 5.59% and a return on equity of 7.91%. As a group, research analysts expect that First Savings Financial Group will post 1.5 EPS for the current fiscal year.

First Savings Financial Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, June 14th. This represents a $0.60 dividend on an annualized basis and a yield of 3.20%. First Savings Financial Group’s dividend payout ratio is presently 55.56%.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of First Savings Financial Group in a report on Saturday. They issued a “hold” rating for the company.

About First Savings Financial Group

First Savings Financial Group, Inc operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.