William Penn Bancorporation (NASDAQ:WMPN – Get Free Report) saw a large decrease in short interest in January. As of January 31st, there was short interest totalling 11,900 shares, a decrease of 40.5% from the January 15th total of 20,000 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 30,500 shares, the short-interest ratio is presently 0.4 days.
Institutional Trading of William Penn Bancorporation
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB acquired a new stake in William Penn Bancorporation in the fourth quarter valued at approximately $179,000. Raymond James Financial Inc. acquired a new stake in William Penn Bancorporation in the 4th quarter valued at $326,000. Renaissance Technologies LLC increased its stake in William Penn Bancorporation by 79.2% during the 4th quarter. Renaissance Technologies LLC now owns 34,400 shares of the company’s stock valued at $413,000 after purchasing an additional 15,200 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in William Penn Bancorporation by 66.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 52,357 shares of the company’s stock worth $628,000 after buying an additional 20,883 shares during the last quarter. Finally, Yakira Capital Management Inc. bought a new position in shares of William Penn Bancorporation in the fourth quarter valued at $1,382,000. 31.18% of the stock is owned by institutional investors.
William Penn Bancorporation Trading Up 0.7 %
WMPN stock traded up $0.09 during mid-day trading on Friday, reaching $12.62. The company’s stock had a trading volume of 6,594 shares, compared to its average volume of 16,063. William Penn Bancorporation has a 12 month low of $10.80 and a 12 month high of $13.87. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average price is $12.30 and its 200 day moving average price is $12.33. The company has a market cap of $116.23 million, a price-to-earnings ratio of -105.16 and a beta of 0.02.
William Penn Bancorporation Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, January 27th were paid a $0.03 dividend. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.12 annualized dividend and a dividend yield of 0.95%. William Penn Bancorporation’s dividend payout ratio is presently -99.99%.
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, savings and club, and individual retirement accounts.
See Also
- Five stocks we like better than William Penn Bancorporation
- Compound Interest and Why It Matters When Investing
- Roblox’s Big Dip: A Chance to Get in on the Vaunted Gaming Stock?
- Buy P&G Now, Before It Sets A New All-Time High
- 3 Dividend ETFs to Capitalize on the Slide in Chip Stocks
- What is the S&P/TSX Index?
- Is Chevron Stock Primed for Growth After Profit-Boosting News?
Receive News & Ratings for William Penn Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for William Penn Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter.