Short Interest in Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Decreases By 44.4%

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totalling 1,000 shares, a drop of 44.4% from the September 15th total of 1,800 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 4,900 shares, the short-interest ratio is currently 0.2 days.

Insider Activity at Sound Financial Bancorp

In related news, Director Robert F. Carney sold 925 shares of Sound Financial Bancorp stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $45.00, for a total value of $41,625.00. Following the completion of the transaction, the director now directly owns 6,934 shares of the company’s stock, valued at $312,030. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 12.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Empowered Funds LLC raised its stake in shares of Sound Financial Bancorp by 7.4% during the first quarter. Empowered Funds LLC now owns 12,660 shares of the bank’s stock worth $509,000 after buying an additional 875 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Sound Financial Bancorp by 7.2% in the second quarter. Dimensional Fund Advisors LP now owns 16,811 shares of the bank’s stock valued at $739,000 after acquiring an additional 1,122 shares during the last quarter. Finally, Stilwell Value LLC grew its holdings in Sound Financial Bancorp by 0.5% during the 1st quarter. Stilwell Value LLC now owns 410,019 shares of the bank’s stock worth $16,684,000 after acquiring an additional 2,041 shares during the period. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Sound Financial Bancorp Price Performance

Shares of Sound Financial Bancorp stock traded up $0.01 during midday trading on Friday, reaching $54.55. The company had a trading volume of 1,141 shares, compared to its average volume of 2,935. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.51. The stock has a fifty day simple moving average of $51.25 and a 200 day simple moving average of $44.51. Sound Financial Bancorp has a 1-year low of $33.72 and a 1-year high of $55.99. The company has a market capitalization of $139.65 million, a price-to-earnings ratio of 35.65 and a beta of 0.68.

Sound Financial Bancorp (NASDAQ:SFBC) last released its earnings results on Monday, July 29th. The bank reported $0.31 EPS for the quarter. The company had revenue of $8.61 million during the quarter. Sound Financial Bancorp had a return on equity of 3.91% and a net margin of 6.78%.

Sound Financial Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Friday, August 9th were issued a dividend of $0.19 per share. The ex-dividend date was Friday, August 9th. This represents a $0.76 annualized dividend and a yield of 1.39%. Sound Financial Bancorp’s dividend payout ratio is currently 49.67%.

Sound Financial Bancorp Company Profile

Sound Financial Bancorp, Inc operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit.