SB Financial Group, Inc. (NASDAQ:SBFG) Short Interest Update

SB Financial Group, Inc. (NASDAQ:SBFG) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 5,800 shares, a drop of 20.5% from the November 15th total of 7,300 shares. Based on an average daily volume of 12,700 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of SB Financial Group

A number of institutional investors have recently made changes to their positions in SBFG. Barclays PLC raised its stake in shares of SB Financial Group by 325.1% during the 3rd quarter. Barclays PLC now owns 1,271 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 972 shares in the last quarter. Princeton Capital Management LLC bought a new position in SB Financial Group during the second quarter worth $146,000. Empowered Funds LLC raised its position in shares of SB Financial Group by 5.2% in the third quarter. Empowered Funds LLC now owns 37,762 shares of the financial services provider’s stock valued at $776,000 after purchasing an additional 1,876 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of SB Financial Group by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 71,076 shares of the financial services provider’s stock worth $1,462,000 after buying an additional 2,416 shares during the last quarter. Institutional investors own 66.67% of the company’s stock.

SB Financial Group Stock Up 0.4 %

SBFG traded up $0.09 during trading on Friday, hitting $21.74. The company had a trading volume of 27,247 shares, compared to its average volume of 7,277. The company has a market capitalization of $144.57 million, a PE ratio of 12.49 and a beta of 0.77. The firm’s 50-day moving average price is $20.26 and its 200 day moving average price is $17.40. SB Financial Group has a one year low of $13.01 and a one year high of $22.21. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.41.

SB Financial Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were paid a dividend of $0.145 per share. This is a boost from SB Financial Group’s previous quarterly dividend of $0.14. This represents a $0.58 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend was Friday, November 8th. SB Financial Group’s dividend payout ratio (DPR) is currently 33.33%.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on SB Financial Group in a research report on Saturday, September 21st. They set a “hold” rating on the stock.

SB Financial Group Company Profile

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.