BV Financial, Inc. (NASDAQ:BVFL) Sees Large Growth in Short Interest

BV Financial, Inc. (NASDAQ:BVFL) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 14,600 shares, an increase of 55.3% from the September 30th total of 9,400 shares. Based on an average daily volume of 20,500 shares, the short-interest ratio is currently 0.7 days. Currently, 0.5% of the shares of the company are short sold.

BV Financial Trading Down 0.1 %

Shares of NASDAQ:BVFL traded down $0.01 on Friday, hitting $15.50. The company had a trading volume of 40,529 shares, compared to its average volume of 16,214. BV Financial has a 1-year low of $9.96 and a 1-year high of $15.67. The stock has a market cap of $176.33 million, a price-to-earnings ratio of 11.15 and a beta of 0.64. The stock has a 50 day moving average price of $14.89 and a 200 day moving average price of $12.88.

BV Financial (NASDAQ:BVFL) last released its quarterly earnings data on Monday, October 21st. The company reported $0.35 EPS for the quarter. BV Financial had a net margin of 26.08% and a return on equity of 6.32%. The firm had revenue of $10.00 million for the quarter.

Hedge Funds Weigh In On BV Financial

Several institutional investors and hedge funds have recently modified their holdings of BVFL. Vanguard Group Inc. grew its stake in shares of BV Financial by 28.9% in the first quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock valued at $4,977,000 after acquiring an additional 108,015 shares in the last quarter. Covestor Ltd grew its stake in shares of BV Financial by 99.8% in the first quarter. Covestor Ltd now owns 4,003 shares of the company’s stock valued at $41,000 after acquiring an additional 1,999 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of BV Financial by 43.0% in 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, Courier Capital LLC acquired a new position in shares of BV Financial in the third quarter valued at about $384,000. 42.65% of the stock is currently owned by institutional investors and hedge funds.

BV Financial Company Profile

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.