First Capital, Inc. (NASDAQ:FCAP) Short Interest Update

First Capital, Inc. (NASDAQ:FCAP) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 5,400 shares, an increase of 5.9% from the September 30th total of 5,100 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 2.3 days. Approximately 0.2% of the shares of the company are short sold.

First Capital Price Performance

NASDAQ FCAP opened at $36.35 on Friday. First Capital has a 52 week low of $23.10 and a 52 week high of $38.00. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31. The stock has a market cap of $121.83 million, a price-to-earnings ratio of 10.30 and a beta of 0.64. The company has a 50-day moving average price of $34.24 and a two-hundred day moving average price of $31.36.

First Capital (NASDAQ:FCAP) last posted its earnings results on Friday, October 25th. The savings and loans company reported $0.87 EPS for the quarter. First Capital had a net margin of 22.04% and a return on equity of 11.78%. The firm had revenue of $10.93 million during the quarter.

First Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were issued a $0.29 dividend. The ex-dividend date was Friday, September 13th. This is a boost from First Capital’s previous quarterly dividend of $0.27. This represents a $1.16 annualized dividend and a dividend yield of 3.19%. First Capital’s dividend payout ratio (DPR) is 32.86%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC increased its stake in First Capital, Inc. (NASDAQ:FCAP) by 7.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,460 shares of the savings and loans company’s stock after acquiring an additional 875 shares during the period. Empowered Funds LLC owned approximately 0.37% of First Capital worth $361,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 11.65% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of First Capital in a research report on Thursday. They issued a “hold” rating for the company.

About First Capital

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.