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

BV Financial, Inc. (NASDAQ:BVFL) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 10,600 shares, a growth of 47.2% from the August 15th total of 7,200 shares. Based on an average daily volume of 13,700 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.3% of the company’s shares are short sold.

BV Financial Price Performance

Shares of NASDAQ:BVFL opened at $14.75 on Monday. The stock’s 50-day moving average is $13.86 and its 200 day moving average is $12.00. The company has a market cap of $167.80 million and a PE ratio of 10.61. BV Financial has a 1 year low of $9.86 and a 1 year high of $15.00.

BV Financial (NASDAQ:BVFL) last issued its quarterly earnings data on Thursday, July 18th. The company reported $0.32 earnings per share for the quarter. The firm had revenue of $9.51 million for the quarter. BV Financial had a return on equity of 6.32% and a net margin of 26.08%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BVFL. BlackBarn Capital Partners LP bought a new position in shares of BV Financial in the 4th quarter worth about $6,806,000. Vanguard Group Inc. grew its position in BV Financial by 28.9% during the 1st quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock valued at $4,977,000 after purchasing an additional 108,015 shares during the last quarter. BHZ Capital Management LP purchased a new stake in shares of BV Financial during the fourth quarter valued at approximately $245,000. Dimensional Fund Advisors LP increased its position 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 in the last quarter. Finally, Covestor Ltd raised its holdings in 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 acquiring an additional 1,999 shares during the last quarter. Institutional investors 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.