FVCBankcorp, Inc. (NASDAQ:FVCB) Short Interest Update

FVCBankcorp, Inc. (NASDAQ:FVCB) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 77,700 shares, a growth of 7.2% from the November 30th total of 72,500 shares. Based on an average daily volume of 21,200 shares, the days-to-cover ratio is currently 3.7 days.

FVCBankcorp Trading Down 0.7 %

Shares of NASDAQ FVCB traded down $0.09 during mid-day trading on Wednesday, reaching $12.57. 22,411 shares of the company’s stock were exchanged, compared to its average volume of 23,197. The company’s 50-day moving average is $13.38 and its 200-day moving average is $12.34. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $228.82 million, a price-to-earnings ratio of 46.56 and a beta of 0.25. FVCBankcorp has a 52-week low of $9.78 and a 52-week high of $14.68.

FVCBankcorp (NASDAQ:FVCB) last announced its earnings results on Tuesday, October 22nd. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. The company had revenue of $30.05 million during the quarter, compared to analyst estimates of $15.07 million. FVCBankcorp had a net margin of 4.95% and a return on equity of 7.29%. Analysts expect that FVCBankcorp will post 0.92 EPS for the current fiscal year.

Insider Activity at FVCBankcorp

In other FVCBankcorp news, Chairman David W. Pijor sold 2,000 shares of FVCBankcorp stock in a transaction on Monday, November 18th. The stock was sold at an average price of $13.50, for a total value of $27,000.00. Following the sale, the chairman now owns 466,566 shares in the company, valued at $6,298,641. The trade was a 0.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 13.99% of the stock is currently owned by insiders.

Institutional Trading of FVCBankcorp

Institutional investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC increased its stake in FVCBankcorp by 5.2% during the third quarter. Empowered Funds LLC now owns 54,205 shares of the company’s stock worth $707,000 after purchasing an additional 2,680 shares during the period. Geode Capital Management LLC grew its holdings in shares of FVCBankcorp by 1.4% in the third quarter. Geode Capital Management LLC now owns 357,570 shares of the company’s stock valued at $4,667,000 after purchasing an additional 4,820 shares in the last quarter. State Street Corp increased its stake in FVCBankcorp by 2.0% during the 3rd quarter. State Street Corp now owns 307,284 shares of the company’s stock worth $4,010,000 after buying an additional 5,974 shares during the period. Bank of New York Mellon Corp lifted its holdings in FVCBankcorp by 17.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 52,884 shares of the company’s stock worth $577,000 after buying an additional 7,709 shares in the last quarter. Finally, Princeton Capital Management LLC acquired a new stake in FVCBankcorp during the 2nd quarter worth approximately $109,000. Institutional investors and hedge funds own 43.61% of the company’s stock.

About FVCBankcorp

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.