BCB Bancorp, Inc. (NASDAQ:BCBP) Short Interest Up 14.7% in January

BCB Bancorp, Inc. (NASDAQ:BCBPGet Free Report) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 107,500 shares, a growth of 14.7% from the December 31st total of 93,700 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 44,400 shares, the short-interest ratio is currently 2.4 days.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on BCBP shares. StockNews.com started coverage on shares of BCB Bancorp in a research report on Thursday, October 5th. They issued a “hold” rating on the stock. Piper Sandler increased their target price on shares of BCB Bancorp from $13.00 to $13.50 and gave the company a “neutral” rating in a research report on Tuesday.

Read Our Latest Analysis on BCB Bancorp

Institutional Trading of BCB Bancorp

A number of large investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC lifted its stake in shares of BCB Bancorp by 113.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,303 shares of the bank’s stock worth $26,000 after acquiring an additional 1,225 shares during the period. Advisor Group Holdings Inc. lifted its stake in shares of BCB Bancorp by 139.6% in the 4th quarter. Advisor Group Holdings Inc. now owns 1,756 shares of the bank’s stock worth $31,000 after acquiring an additional 1,023 shares during the period. FMR LLC lifted its stake in shares of BCB Bancorp by 36.2% in the 1st quarter. FMR LLC now owns 3,716 shares of the bank’s stock worth $49,000 after acquiring an additional 988 shares during the period. UBS Group AG lifted its stake in shares of BCB Bancorp by 188.9% in the 3rd quarter. UBS Group AG now owns 2,932 shares of the bank’s stock worth $50,000 after acquiring an additional 1,917 shares during the period. Finally, Citigroup Inc. acquired a new stake in shares of BCB Bancorp in the 2nd quarter worth $57,000. Institutional investors and hedge funds own 37.45% of the company’s stock.

BCB Bancorp Stock Down 5.0 %

Shares of NASDAQ:BCBP opened at $12.94 on Wednesday. The stock has a market cap of $218.04 million, a P/E ratio of 7.61 and a beta of 0.66. The firm has a fifty day moving average price of $12.53 and a 200 day moving average price of $11.85. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.26 and a quick ratio of 1.26. BCB Bancorp has a 1-year low of $9.40 and a 1-year high of $18.15.

BCB Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Monday, February 5th will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date of this dividend is Friday, February 2nd. BCB Bancorp’s dividend payout ratio is currently 37.65%.

BCB Bancorp Company Profile

(Get Free Report)

BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank that provides banking products and services to businesses and individuals in the United States. The company offers insured deposit products, including savings and club accounts; interest and non-interest-bearing demand accounts; and money market accounts, certificates of deposit, and individual retirement accounts.

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