Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Short Interest Update

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 50,700 shares, a decrease of 5.6% from the September 15th total of 53,700 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 9,300 shares, the days-to-cover ratio is presently 5.5 days.

Insiders Place Their Bets

In other news, CEO Daniel J. Santaniello sold 500 shares of Fidelity D & D Bancorp stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $53.00, for a total transaction of $26,500.00. Following the completion of the transaction, the chief executive officer now directly owns 54,882 shares in the company, valued at approximately $2,908,746. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Alan Silverman sold 2,000 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $51.50, for a total value of $103,000.00. Following the transaction, the director now owns 19,049 shares in the company, valued at $981,023.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Daniel J. Santaniello sold 500 shares of the firm’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $53.00, for a total transaction of $26,500.00. Following the sale, the chief executive officer now owns 54,882 shares of the company’s stock, valued at approximately $2,908,746. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,500 shares of company stock worth $182,547. 21.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets raised its position in Fidelity D & D Bancorp by 67.0% in the 1st quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock worth $112,000 after buying an additional 925 shares during the last quarter. Lewis Asset Management LLC grew its stake in shares of Fidelity D & D Bancorp by 14.9% in the first quarter. Lewis Asset Management LLC now owns 11,696 shares of the financial services provider’s stock worth $566,000 after acquiring an additional 1,516 shares during the period. Vanguard Group Inc. raised its holdings in shares of Fidelity D & D Bancorp by 1.9% during the first quarter. Vanguard Group Inc. now owns 227,459 shares of the financial services provider’s stock valued at $11,016,000 after purchasing an additional 4,163 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Fidelity D & D Bancorp by 6.0% in the second quarter. Bank of New York Mellon Corp now owns 32,501 shares of the financial services provider’s stock worth $1,424,000 after purchasing an additional 1,830 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Fidelity D & D Bancorp by 59.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 31,035 shares of the financial services provider’s stock worth $1,359,000 after purchasing an additional 11,540 shares during the period. 20.05% of the stock is owned by institutional investors.

Fidelity D & D Bancorp Trading Up 3.1 %

Shares of NASDAQ FDBC opened at $51.58 on Wednesday. The company has a market cap of $295.86 million, a PE ratio of 18.23 and a beta of 0.59. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.79. The firm’s 50 day moving average price is $49.33 and its 200-day moving average price is $47.76. Fidelity D & D Bancorp has a 52-week low of $41.10 and a 52-week high of $60.85.

Fidelity D & D Bancorp (NASDAQ:FDBC) last released its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter. The business had revenue of $19.73 million for the quarter. Fidelity D & D Bancorp had a return on equity of 11.27% and a net margin of 14.14%.

Fidelity D & D Bancorp Company Profile

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.