First Capital, Inc. (NASDAQ:FCAP) Short Interest Up 11.8% in December

First Capital, Inc. (NASDAQ:FCAP) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 5,700 shares, an increase of 11.8% from the December 15th total of 5,100 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is presently 2.0 days.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of First Capital in a report on Sunday. They issued a “hold” rating for the company.

First Capital Stock Performance

Shares of First Capital stock opened at $31.38 on Monday. The firm has a market cap of $105.12 million, a price-to-earnings ratio of 8.89 and a beta of 0.57. First Capital has a one year low of $26.03 and a one year high of $38.00. The stock’s 50-day moving average is $32.01 and its 200-day moving average is $32.63. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%. The firm had revenue of $10.93 million during the quarter.

First Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date was Friday, December 13th. First Capital’s dividend payout ratio (DPR) is presently 32.86%.

Hedge Funds Weigh In On First Capital

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its stake in shares of First Capital by 4.4% during the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after purchasing an additional 1,520 shares during the period. Siena Capital Partners GP LLC grew its holdings in First Capital by 17.4% in the 3rd quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock valued at $3,602,000 after buying an additional 15,277 shares in the last quarter. Finally, Empowered Funds LLC increased its position in First Capital by 5.0% during the 3rd quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after buying an additional 670 shares during the period. 11.65% of the stock is owned by institutional investors.

About First Capital

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.