BV Financial, Inc. (NASDAQ:BVFL) Short Interest Up 14.7% in November

BV Financial, Inc. (NASDAQ:BVFL) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 17,900 shares, an increase of 14.7% from the November 15th total of 15,600 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 47,100 shares, the days-to-cover ratio is currently 0.4 days.

BV Financial Stock Performance

NASDAQ:BVFL traded down $0.22 during mid-day trading on Friday, reaching $17.70. 46,311 shares of the company’s stock were exchanged, compared to its average volume of 23,458. BV Financial has a one year low of $10.14 and a one year high of $17.95. The business’s fifty day simple moving average is $16.11 and its two-hundred day simple moving average is $14.33. The firm has a market capitalization of $205.28 million, a PE ratio of 14.87 and a beta of 0.69.

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

Hedge Funds Weigh In On BV Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC bought a new position in shares of BV Financial in the third quarter worth $52,000. Dimensional Fund Advisors LP grew its stake in BV Financial by 43.0% during the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock worth $351,000 after buying an additional 8,866 shares in the last quarter. Courier Capital LLC bought a new position in BV Financial in the 3rd quarter valued at about $384,000. Vanguard Group Inc. increased its holdings in BV Financial by 28.9% in the 1st quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock valued at $4,977,000 after buying an additional 108,015 shares during the period. Finally, Fourthstone LLC raised its position 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 buying an additional 350,325 shares in the last quarter. 42.65% of the stock is 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.