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

BV Financial, Inc. (NASDAQ:BVFL) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 21,700 shares, a decrease of 13.2% from the March 15th total of 25,000 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 18,800 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in BV Financial by 26.3% during the fourth quarter. Vanguard Group Inc. now owns 373,747 shares of the company’s stock worth $5,300,000 after buying an additional 77,805 shares during the last quarter. Newtyn Management LLC raised its holdings in shares of BV Financial by 13.7% in the fourth quarter. Newtyn Management LLC now owns 1,000,000 shares of the company’s stock valued at $14,180,000 after purchasing an additional 120,659 shares during the last quarter. BHZ Capital Management LP purchased a new stake in shares of BV Financial in the fourth quarter valued at about $245,000. Citadel Advisors LLC raised its holdings in shares of BV Financial by 32.4% in the fourth quarter. Citadel Advisors LLC now owns 16,642 shares of the company’s stock valued at $236,000 after purchasing an additional 4,073 shares during the last quarter. Finally, BlackBarn Capital Partners LP purchased a new stake in shares of BV Financial in the fourth quarter valued at about $6,806,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

BV Financial Stock Up 3.9 %

BVFL traded up $0.40 during trading on Tuesday, hitting $10.65. 9,675 shares of the company’s stock were exchanged, compared to its average volume of 18,165. The business’s 50 day moving average is $11.56 and its two-hundred day moving average is $12.02. BV Financial has a fifty-two week low of $9.65 and a fifty-two week high of $23.60. The stock has a market cap of $121.20 million and a P/E ratio of 6.53.

BV Financial (NASDAQ:BVFL) last released its quarterly earnings data on Monday, January 22nd. The company reported $0.28 earnings per share for the quarter. BV Financial had a net margin of 29.06% and a return on equity of 9.15%. The firm had revenue of $9.61 million for the quarter.

BV Financial Company Profile

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.