BV Financial, Inc. (NASDAQ:BVFL) Sees Significant Growth in Short Interest

BV Financial, Inc. (NASDAQ:BVFL) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 17,900 shares, a growth of 14.7% from the November 15th total of 15,600 shares. Based on an average trading volume of 47,100 shares, the short-interest ratio is presently 0.4 days. Currently, 0.6% of the company’s stock are sold short.

BV Financial Stock Performance

BVFL traded up $0.43 during trading on Monday, hitting $18.13. The stock had a trading volume of 10,918 shares, compared to its average volume of 23,397. BV Financial has a twelve month low of $10.14 and a twelve month high of $18.14. The stock has a 50 day simple moving average of $16.11 and a two-hundred day simple moving average of $14.35. The company has a market capitalization of $210.27 million, a PE ratio of 15.02 and a beta of 0.69.

BV Financial (NASDAQ:BVFL) last issued its quarterly earnings results on Monday, October 21st. The company reported $0.35 earnings per share for the quarter. BV Financial had a return on equity of 6.27% and a net margin of 26.18%. The business had revenue of $10.00 million during the quarter.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Barclays PLC acquired a new stake in shares of BV Financial during the third quarter worth about $52,000. Dimensional Fund Advisors LP lifted its stake in BV Financial by 43.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock valued at $351,000 after acquiring an additional 8,866 shares during the period. Courier Capital LLC purchased a new stake in shares of BV Financial in the 3rd quarter valued at $384,000. Vanguard Group Inc. increased its stake in shares of BV Financial by 28.9% in the first quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock worth $4,977,000 after acquiring an additional 108,015 shares during the period. Finally, Fourthstone LLC raised its holdings in shares of BV Financial by 161.1% during the third quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock worth $8,715,000 after purchasing an additional 350,325 shares during the last quarter. Institutional investors and hedge funds own 42.65% of the company’s stock.

BV Financial Company Profile

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.