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

FVCBankcorp, Inc. (NASDAQ:FVCB) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 72,800 shares, a decrease of 6.3% from the December 15th total of 77,700 shares. Based on an average daily volume of 21,400 shares, the days-to-cover ratio is presently 3.4 days.

FVCBankcorp Trading Up 0.6 %

Shares of FVCB traded up $0.07 during midday trading on Friday, hitting $11.81. The stock had a trading volume of 17,133 shares, compared to its average volume of 20,537. FVCBankcorp has a fifty-two week low of $9.78 and a fifty-two week high of $14.50. The business has a 50-day simple moving average of $13.05 and a two-hundred day simple moving average of $12.48. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.09. The firm has a market cap of $214.94 million, a P/E ratio of 43.74 and a beta of 0.28.

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

Insider Buying and Selling

In other news, Chairman David W. Pijor sold 2,000 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $13.50, for a total transaction of $27,000.00. Following the completion of the sale, the chairman now directly owns 466,566 shares of the company’s stock, valued at $6,298,641. This trade represents a 0.43 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 13.99% of the company’s stock.

Institutional Investors Weigh In On FVCBankcorp

A number of institutional investors have recently bought and sold shares of FVCB. Geode Capital Management LLC increased its stake 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 worth $4,667,000 after acquiring an additional 4,820 shares during the last quarter. State Street Corp lifted its stake in shares of FVCBankcorp by 2.0% in the third 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 last quarter. Dimensional Fund Advisors LP increased its stake in shares of FVCBankcorp by 7.9% in the second quarter. Dimensional Fund Advisors LP now owns 218,271 shares of the company’s stock worth $2,383,000 after purchasing an additional 16,073 shares during the period. Bridgewater Advisors Inc. acquired a new stake in shares of FVCBankcorp in the third quarter worth $2,246,000. Finally, Fourthstone LLC bought a new position in FVCBankcorp during the third quarter valued at about $1,371,000. 43.61% of the stock is currently owned by institutional investors and hedge funds.

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.