Short Interest in William Penn Bancorporation (NASDAQ:WMPN) Drops By 45.9%

William Penn Bancorporation (NASDAQ:WMPN) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 18,300 shares, a decline of 45.9% from the February 13th total of 33,800 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 14,500 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Alliancebernstein L.P. purchased a new position in shares of William Penn Bancorporation during the fourth quarter valued at approximately $5,047,000. Deprince Race & Zollo Inc. boosted its holdings in William Penn Bancorporation by 26.1% in the fourth quarter. Deprince Race & Zollo Inc. now owns 250,951 shares of the company’s stock valued at $3,011,000 after acquiring an additional 51,897 shares in the last quarter. Gardner Lewis Asset Management L P purchased a new position in William Penn Bancorporation during the 4th quarter valued at $2,827,000. Yakira Capital Management Inc. bought a new position in William Penn Bancorporation in the 4th quarter worth $1,382,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of William Penn Bancorporation by 66.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 52,357 shares of the company’s stock worth $628,000 after purchasing an additional 20,883 shares during the period. Institutional investors own 31.18% of the company’s stock.

William Penn Bancorporation Stock Performance

NASDAQ:WMPN opened at $10.77 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.77 and a current ratio of 0.77. William Penn Bancorporation has a fifty-two week low of $10.43 and a fifty-two week high of $13.87. The business has a 50 day moving average price of $12.05 and a 200-day moving average price of $12.30. The firm has a market cap of $99.17 million, a PE ratio of -89.74 and a beta of 0.03.

William Penn Bancorporation (NASDAQ:WMPN) last announced its quarterly earnings results on Wednesday, January 15th. The company reported ($0.09) earnings per share for the quarter. William Penn Bancorporation had a negative net margin of 2.90% and a negative return on equity of 0.65%.

William Penn Bancorporation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 6th. Investors of record on Monday, January 27th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.12 dividend on an annualized basis and a yield of 1.11%. William Penn Bancorporation’s dividend payout ratio is presently -100.00%.

About William Penn Bancorporation

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.