Kentucky First Federal Bancorp (NASDAQ:KFFB) Sees Significant Decline in Short Interest

Kentucky First Federal Bancorp (NASDAQ:KFFB) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 3,600 shares, a decrease of 5.3% from the May 31st total of 3,800 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is presently 1.1 days. Approximately 0.0% of the company’s shares are sold short.

Kentucky First Federal Bancorp Trading Down 1.9 %

Shares of KFFB opened at $3.10 on Wednesday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.40 and a quick ratio of 1.40. The firm has a fifty day simple moving average of $3.44 and a two-hundred day simple moving average of $3.79. Kentucky First Federal Bancorp has a twelve month low of $3.10 and a twelve month high of $6.56.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last announced its quarterly earnings results on Friday, May 10th. The savings and loans company reported ($0.01) earnings per share for the quarter. The firm had revenue of $1.84 million for the quarter. Kentucky First Federal Bancorp had a negative net margin of 3.85% and a negative return on equity of 1.21%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Kentucky First Federal Bancorp stock. Vanguard Group Inc. grew its stake in Kentucky First Federal Bancorp (NASDAQ:KFFB) by 5.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,924 shares of the savings and loans company’s stock after purchasing an additional 2,453 shares during the quarter. Vanguard Group Inc. owned about 0.60% of Kentucky First Federal Bancorp worth $243,000 at the end of the most recent quarter. Institutional investors and hedge funds own 3.16% of the company’s stock.

About Kentucky First Federal Bancorp

Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc that provide various banking products and services in Kentucky. It accepts deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts.