Short Interest in BV Financial, Inc. (NASDAQ:BVFL) Declines By 8.8%

BV Financial, Inc. (NASDAQ:BVFL) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 15,600 shares, a decline of 8.8% from the October 31st total of 17,100 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 42,900 shares, the short-interest ratio is presently 0.4 days.

BV Financial Trading Up 0.4 %

Shares of BVFL traded up $0.07 during trading hours on Monday, reaching $16.99. 2,642 shares of the company traded hands, compared to its average volume of 22,289. The stock’s fifty day moving average price is $15.68 and its 200 day moving average price is $13.89. The firm has a market cap of $197.08 million, a price-to-earnings ratio of 14.22 and a beta of 0.65. BV Financial has a 12-month low of $10.14 and a 12-month high of $17.44.

BV Financial (NASDAQ:BVFL) last issued its earnings results on Monday, October 21st. The company reported $0.35 EPS for the quarter. BV Financial had a net margin of 26.18% and a return on equity of 6.27%. The business had revenue of $10.00 million for the quarter.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of BV Financial by 28.9% in the 1st quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock worth $4,977,000 after buying an additional 108,015 shares during the period. Dimensional Fund Advisors LP grew its holdings in BV Financial by 43.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock worth $351,000 after acquiring an additional 8,866 shares in the last quarter. Courier Capital LLC purchased a new position in BV Financial during the 3rd quarter valued at about $384,000. Fourthstone LLC raised its holdings in shares of BV Financial by 161.1% in the 3rd quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock valued at $8,715,000 after purchasing an additional 350,325 shares in the last quarter. Finally, Barclays PLC purchased a new stake in shares of BV Financial in the 3rd quarter worth approximately $52,000. 42.65% of the stock is currently owned by hedge funds and other institutional investors.

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.