FVCBankcorp, Inc. (NASDAQ:FVCB) Short Interest Update

FVCBankcorp, Inc. (NASDAQ:FVCB) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 99,900 shares, a decrease of 8.5% from the August 15th total of 109,200 shares. Based on an average daily trading volume, of 28,100 shares, the days-to-cover ratio is currently 3.6 days.

Insider Buying and Selling at FVCBankcorp

In other FVCBankcorp news, Director Phillip R. Wills III sold 4,848 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $11.48, for a total value of $55,655.04. Following the transaction, the director now directly owns 74,535 shares of the company’s stock, valued at approximately $855,661.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, Director Phillip R. Wills III sold 4,848 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $11.48, for a total transaction of $55,655.04. Following the sale, the director now directly owns 74,535 shares of the company’s stock, valued at approximately $855,661.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Sharon L. Jackson sold 2,400 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $10.61, for a total value of $25,464.00. Following the sale, the executive vice president now directly owns 28,595 shares in the company, valued at $303,392.95. The disclosure for this sale can be found here. Insiders have sold a total of 11,668 shares of company stock valued at $133,552 in the last ninety days. 13.99% of the stock is currently owned by corporate insiders.

Institutional Trading of FVCBankcorp

Several large investors have recently bought and sold shares of FVCB. BNP Paribas Financial Markets boosted its stake in FVCBankcorp by 69.2% in the first quarter. BNP Paribas Financial Markets now owns 7,707 shares of the company’s stock valued at $94,000 after buying an additional 3,152 shares in the last quarter. Princeton Capital Management LLC acquired a new stake in FVCBankcorp in the second quarter valued at about $109,000. Chevy Chase Trust Holdings LLC boosted its stake in FVCBankcorp by 45.8% in the second quarter. Chevy Chase Trust Holdings LLC now owns 19,687 shares of the company’s stock valued at $215,000 after buying an additional 6,187 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in FVCBankcorp by 17.1% in the second quarter. Bank of New York Mellon Corp now owns 52,884 shares of the company’s stock valued at $577,000 after buying an additional 7,709 shares in the last quarter. Finally, Empowered Funds LLC boosted its stake in FVCBankcorp by 7.9% in the first quarter. Empowered Funds LLC now owns 47,925 shares of the company’s stock valued at $584,000 after buying an additional 3,500 shares in the last quarter. 43.61% of the stock is owned by institutional investors and hedge funds.

FVCBankcorp Price Performance

Shares of FVCB traded down $0.03 during trading hours on Wednesday, hitting $12.75. 33,367 shares of the company were exchanged, compared to its average volume of 23,652. The company has a market cap of $229.31 million, a price-to-earnings ratio of 53.13 and a beta of 0.22. FVCBankcorp has a fifty-two week low of $9.78 and a fifty-two week high of $15.39. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.09. The firm’s fifty day moving average is $11.74 and its 200 day moving average is $11.41.

FVCBankcorp (NASDAQ:FVCB) last released its earnings results on Thursday, July 25th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.02. The company had revenue of $28.84 million for the quarter, compared to analyst estimates of $14.08 million. FVCBankcorp had a return on equity of 7.16% and a net margin of 4.44%. On average, equities analysts anticipate that FVCBankcorp will post 0.92 earnings per share for the current fiscal year.

FVCBankcorp Company Profile

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.