BV Financial, Inc. (NASDAQ:BVFL) Short Interest Update

BV Financial, Inc. (NASDAQ:BVFL) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 17,100 shares, an increase of 17.1% from the October 15th total of 14,600 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 28,000 shares, the short-interest ratio is currently 0.6 days.

BV Financial Price Performance

BVFL stock remained flat at $15.95 during mid-day trading on Friday. The company’s stock had a trading volume of 37,991 shares, compared to its average volume of 18,868. The company has a fifty day moving average of $15.30 and a two-hundred day moving average of $13.38. The company has a market cap of $181.67 million, a P/E ratio of 13.40 and a beta of 0.65. BV Financial has a 52 week low of $10.14 and a 52 week high of $16.16.

BV Financial (NASDAQ:BVFL) last released its quarterly earnings results on Monday, October 21st. The company reported $0.35 earnings per share (EPS) for the quarter. BV Financial had a return on equity of 6.33% and a net margin of 26.18%. The firm had revenue of $10.00 million for the quarter.

Institutional Investors Weigh In On BV Financial

A number of large investors have recently bought and sold shares of BVFL. Barclays PLC purchased a new stake in shares of BV Financial during the 3rd quarter worth about $52,000. Covestor Ltd lifted its holdings in shares of BV Financial by 99.8% in the 1st quarter. Covestor Ltd now owns 4,003 shares of the company’s stock worth $41,000 after purchasing an additional 1,999 shares during the last quarter. Courier Capital LLC bought a new stake in BV Financial in the third quarter valued at $384,000. Dimensional Fund Advisors LP boosted its holdings in shares of BV Financial by 43.0% during the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock valued at $351,000 after acquiring an additional 8,866 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of BV Financial by 28.9% during the first quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock worth $4,977,000 after acquiring an additional 108,015 shares during the last quarter. Institutional investors and hedge funds own 42.65% of the company’s stock.

About BV Financial

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.