BV Financial, Inc. (NASDAQ:BVFL) Short Interest Up 8.5% in September

BV Financial, Inc. (NASDAQ:BVFL) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 11,500 shares, an increase of 8.5% from the August 31st total of 10,600 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 14,200 shares, the days-to-cover ratio is presently 0.8 days.

BV Financial Price Performance

NASDAQ BVFL traded up $0.02 on Friday, hitting $15.35. 17,705 shares of the company’s stock were exchanged, compared to its average volume of 14,586. The firm has a market cap of $174.62 million and a price-to-earnings ratio of 11.04. The firm’s 50-day moving average price is $14.35 and its two-hundred day moving average price is $12.21. BV Financial has a fifty-two week low of $9.91 and a fifty-two week high of $15.67.

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

Hedge Funds Weigh In On BV Financial

Large investors have recently made changes to their positions in the stock. BlackBarn Capital Partners LP acquired a new position in BV Financial during the fourth quarter worth about $6,806,000. Vanguard Group Inc. increased its stake in BV Financial by 28.9% in the 1st quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock valued at $4,977,000 after purchasing an additional 108,015 shares in the last quarter. Covestor Ltd raised its holdings in BV Financial by 99.8% during the first quarter. Covestor Ltd now owns 4,003 shares of the company’s stock worth $41,000 after purchasing an additional 1,999 shares during the last quarter. BHZ Capital Management LP purchased a new stake in BV Financial during the fourth quarter worth $245,000. Finally, Dimensional Fund Advisors LP grew its holdings in BV Financial by 43.0% in 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 last quarter. Hedge funds and other institutional investors own 42.65% of the company’s stock.

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.