Short Interest in William Penn Bancorporation (NASDAQ:WMPN) Drops By 54.5%

William Penn Bancorporation (NASDAQ:WMPN) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 11,500 shares, a decline of 54.5% from the October 31st total of 25,300 shares. Based on an average daily volume of 35,200 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in William Penn Bancorporation stock. Acadian Asset Management LLC bought a new stake in shares of William Penn Bancorporation (NASDAQ:WMPN) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,027 shares of the company’s stock, valued at approximately $48,000. Institutional investors and hedge funds own 31.18% of the company’s stock.

William Penn Bancorporation Stock Down 1.1 %

WMPN opened at $13.16 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.78 and a quick ratio of 0.78. William Penn Bancorporation has a fifty-two week low of $10.80 and a fifty-two week high of $13.87. The company’s 50-day moving average is $12.59 and its 200 day moving average is $12.07.

William Penn Bancorporation (NASDAQ:WMPN) last issued its quarterly earnings results on Wednesday, October 16th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.05. The company had revenue of $4.79 million during the quarter, compared to analyst estimates of $4.86 million. William Penn Bancorporation had a negative net margin of 0.09% and a negative return on equity of 0.19%.

William Penn Bancorporation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Monday, October 28th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.91%. The ex-dividend date was Monday, October 28th.

William Penn Bancorporation Company Profile

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, savings and club, and individual retirement accounts.