Short Interest in William Penn Bancorporation (NASDAQ:WMPN) Declines By 36.4%

William Penn Bancorporation (NASDAQ:WMPN) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 31,400 shares, a decline of 36.4% from the May 31st total of 49,400 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 12,000 shares, the short-interest ratio is currently 2.6 days.

Institutional Investors Weigh In On William Penn Bancorporation

Several institutional investors and hedge funds have recently modified their holdings of WMPN. Barclays PLC acquired a new position in William Penn Bancorporation during the third quarter worth $151,000. Citigroup Inc. acquired a new position in shares of William Penn Bancorporation during the 3rd quarter valued at about $36,000. Wittenberg Investment Management Inc. bought a new position in shares of William Penn Bancorporation in the 1st quarter valued at approximately $124,000. Finally, Acadian Asset Management LLC acquired a new stake in William Penn Bancorporation in the 1st quarter worth approximately $48,000. Institutional investors and hedge funds own 31.18% of the company’s stock.

William Penn Bancorporation Stock Down 0.2 %

WMPN stock traded down $0.02 during mid-day trading on Friday, hitting $11.40. The stock had a trading volume of 12,586 shares, compared to its average volume of 12,062. William Penn Bancorporation has a 1-year low of $9.85 and a 1-year high of $12.96. The company has a fifty day moving average of $11.93 and a 200 day moving average of $12.16. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $107.62 million, a price-to-earnings ratio of 126.67 and a beta of -0.02.

William Penn Bancorporation (NASDAQ:WMPN) last announced its quarterly earnings results on Wednesday, April 17th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.02. The business had revenue of $8.89 million during the quarter, compared to analysts’ expectations of $4.70 million. William Penn Bancorporation had a return on equity of 0.35% and a net margin of 2.44%.

William Penn Bancorporation Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 9th. Stockholders of record on Monday, April 29th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.05%. William Penn Bancorporation’s dividend payout ratio is currently 133.33%.

William Penn Bancorporation Company Profile

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, NOW, savings and club, and individual retirement accounts.