BV Financial, Inc. (NASDAQ:BVFL) Sees Significant Increase in Short Interest

BV Financial, Inc. (NASDAQ:BVFL) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 10,600 shares, an increase of 47.2% from the August 15th total of 7,200 shares. Based on an average daily trading volume, of 13,700 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the shares of the stock are short sold.

BV Financial Price Performance

NASDAQ:BVFL opened at $14.75 on Monday. The company has a market capitalization of $167.80 million and a price-to-earnings ratio of 10.61. The business has a 50 day moving average of $13.86 and a 200 day moving average of $12.00. BV Financial has a 1-year low of $9.86 and a 1-year high of $15.00.

BV Financial (NASDAQ:BVFL) last posted its quarterly earnings results on Thursday, July 18th. The company reported $0.32 EPS for the quarter. BV Financial had a net margin of 26.08% and a return on equity of 6.32%. The firm had revenue of $9.51 million for the quarter.

Institutional Trading of BV Financial

Hedge funds have recently added to or reduced their stakes in the business. Covestor Ltd increased its holdings in shares of BV Financial by 99.8% in the first quarter. Covestor Ltd now owns 4,003 shares of the company’s stock worth $41,000 after buying an additional 1,999 shares during the period. BHZ Capital Management LP bought a new stake in BV Financial in the fourth quarter valued at approximately $245,000. Dimensional Fund Advisors LP boosted its stake in shares of BV Financial by 43.0% during the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock valued at $351,000 after purchasing an additional 8,866 shares during the period. BlackBarn Capital Partners LP bought a new position in shares of BV Financial in the fourth quarter worth approximately $6,806,000. Finally, Vanguard Group Inc. increased its stake in shares of BV Financial by 28.9% in the first quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock worth $4,977,000 after buying an additional 108,015 shares during the period. 42.65% of the stock is owned by institutional investors.

About BV Financial

BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.