SB Financial Group, Inc. (NASDAQ:SBFG) Short Interest Down 29.1% in February

SB Financial Group, Inc. (NASDAQ:SBFG) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 79,600 shares, a decrease of 29.1% from the January 31st total of 112,200 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average trading volume of 22,900 shares, the days-to-cover ratio is currently 3.5 days.

Hedge Funds Weigh In On SB Financial Group

Hedge funds have recently modified their holdings of the stock. Barclays PLC increased its holdings in SB Financial Group by 325.1% in the third quarter. Barclays PLC now owns 1,271 shares of the financial services provider’s stock worth $26,000 after buying an additional 972 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in SB Financial Group in the 4th quarter valued at approximately $62,000. Jane Street Group LLC acquired a new position in SB Financial Group during the 4th quarter valued at $208,000. Ritholtz Wealth Management acquired a new stake in SB Financial Group during the fourth quarter worth about $408,000. Finally, Northern Trust Corp lifted its position in SB Financial Group by 41.5% in the fourth quarter. Northern Trust Corp now owns 25,108 shares of the financial services provider’s stock worth $525,000 after purchasing an additional 7,370 shares during the period. 66.67% of the stock is owned by institutional investors and hedge funds.

SB Financial Group Stock Down 3.4 %

NASDAQ:SBFG traded down $0.73 during trading hours on Tuesday, hitting $20.50. 16,550 shares of the stock traded hands, compared to its average volume of 17,785. The firm has a 50 day moving average price of $21.66 and a 200 day moving average price of $20.19. The firm has a market cap of $136.37 million, a price-to-earnings ratio of 11.92 and a beta of 0.77. SB Financial Group has a fifty-two week low of $13.01 and a fifty-two week high of $24.48. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41.

SB Financial Group (NASDAQ:SBFG) last posted its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.11. SB Financial Group had a return on equity of 8.98% and a net margin of 14.10%. Equities research analysts anticipate that SB Financial Group will post 2 earnings per share for the current year.

SB Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.145 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.58 dividend on an annualized basis and a yield of 2.83%. SB Financial Group’s payout ratio is 33.72%.

SB Financial Group Company Profile

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.