Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Short Interest Update

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 9,400 shares, an increase of 74.1% from the January 15th total of 5,400 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is presently 4.7 days.

Hedge Funds Weigh In On Sound Financial Bancorp

A number of institutional investors have recently made changes to their positions in SFBC. Virtu Financial LLC bought a new stake in shares of Sound Financial Bancorp in the fourth quarter worth $235,000. State Street Corp grew its holdings in Sound Financial Bancorp by 10.9% during the 3rd quarter. State Street Corp now owns 5,095 shares of the bank’s stock worth $273,000 after acquiring an additional 500 shares in the last quarter. FNY Investment Advisers LLC increased its position in shares of Sound Financial Bancorp by 97.1% in the 4th quarter. FNY Investment Advisers LLC now owns 5,530 shares of the bank’s stock worth $291,000 after purchasing an additional 2,725 shares during the last quarter. Arcus Capital Partners LLC acquired a new stake in shares of Sound Financial Bancorp in the 3rd quarter valued at about $503,000. Finally, Geode Capital Management LLC lifted its position in shares of Sound Financial Bancorp by 6.3% during the third quarter. Geode Capital Management LLC now owns 23,885 shares of the bank’s stock worth $1,278,000 after purchasing an additional 1,407 shares during the last quarter. 68.85% of the stock is owned by institutional investors and hedge funds.

Sound Financial Bancorp Stock Down 0.0 %

Shares of NASDAQ SFBC traded down $0.01 during trading on Thursday, reaching $51.20. 312 shares of the stock were exchanged, compared to its average volume of 1,375. The company has a market capitalization of $131.07 million, a price-to-earnings ratio of 28.44 and a beta of 0.69. The business’s 50-day moving average price is $53.18 and its 200 day moving average price is $52.40. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.51. Sound Financial Bancorp has a twelve month low of $39.15 and a twelve month high of $55.99.

Sound Financial Bancorp (NASDAQ:SFBC) last issued its quarterly earnings data on Wednesday, January 29th. The bank reported $0.74 EPS for the quarter. Sound Financial Bancorp had a net margin of 7.48% and a return on equity of 4.57%.

Sound Financial Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be issued a dividend of $0.19 per share. The ex-dividend date is Wednesday, February 12th. This represents a $0.76 annualized dividend and a yield of 1.48%. Sound Financial Bancorp’s dividend payout ratio is presently 42.22%.

About Sound Financial Bancorp

Sound Financial Bancorp, Inc operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit.