Short Interest in BV Financial, Inc. (NASDAQ:BVFL) Grows By 21.2%

BV Financial, Inc. (NASDAQ:BVFL) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 27,400 shares, a growth of 21.2% from the December 15th total of 22,600 shares. Based on an average daily trading volume, of 51,600 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.9% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC acquired a new stake in BV Financial during the 3rd quarter valued at approximately $52,000. Courier Capital LLC purchased a new position in shares of BV Financial during the 3rd quarter valued at approximately $384,000. Dimensional Fund Advisors LP grew its position in shares of 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. Finally, Fourthstone LLC increased its stake in shares of BV Financial by 161.1% in the third quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock worth $8,715,000 after buying an additional 350,325 shares during the last quarter. 42.65% of the stock is currently owned by institutional investors and hedge funds.

BV Financial Price Performance

Shares of BVFL stock opened at $17.14 on Friday. The business’s fifty day moving average price is $16.99 and its 200 day moving average price is $15.34. The firm has a market capitalization of $198.82 million, a PE ratio of 14.40 and a beta of 0.67. BV Financial has a 1-year low of $10.14 and a 1-year high of $18.19.

BV Financial (NASDAQ:BVFL) last issued 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%.

About BV Financial

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.