Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Sees Large Increase in Short Interest

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 20,800 shares, an increase of 9.5% from the January 15th total of 19,000 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 2.2 days.

Fidelity D & D Bancorp Stock Performance

NASDAQ:FDBC opened at $44.51 on Tuesday. The firm has a 50 day simple moving average of $47.04 and a 200-day simple moving average of $49.70. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market cap of $255.49 million, a PE ratio of 12.33 and a beta of 0.59. Fidelity D & D Bancorp has a 1-year low of $41.00 and a 1-year high of $61.21.

Fidelity D & D Bancorp (NASDAQ:FDBC) last released its earnings results on Wednesday, January 29th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter. Fidelity D & D Bancorp had a net margin of 16.50% and a return on equity of 10.49%.

Fidelity D & D Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.60 annualized dividend and a yield of 3.59%. Fidelity D & D Bancorp’s dividend payout ratio is currently 44.32%.

Insiders Place Their Bets

In other news, Chairman Brian J. Cali acquired 880 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was acquired at an average price of $44.00 per share, with a total value of $38,720.00. Following the completion of the transaction, the chairman now directly owns 403,439 shares in the company, valued at approximately $17,751,316. This represents a 0.22 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 21.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Fidelity D & D Bancorp

Several institutional investors have recently bought and sold shares of FDBC. Tower Research Capital LLC TRC grew its stake in Fidelity D & D Bancorp by 62.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 639 shares of the financial services provider’s stock worth $31,000 after buying an additional 245 shares during the period. CWM LLC grew its stake in Fidelity D & D Bancorp by 12,140.0% during the third quarter. CWM LLC now owns 1,224 shares of the financial services provider’s stock worth $60,000 after buying an additional 1,214 shares during the period. FMR LLC lifted its position in shares of Fidelity D & D Bancorp by 849.2% during the third quarter. FMR LLC now owns 1,680 shares of the financial services provider’s stock worth $83,000 after purchasing an additional 1,503 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Fidelity D & D Bancorp by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 2,790 shares of the financial services provider’s stock worth $136,000 after purchasing an additional 607 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Fidelity D & D Bancorp by 16.5% during the fourth quarter. Bank of America Corp DE now owns 6,314 shares of the financial services provider’s stock worth $308,000 after purchasing an additional 893 shares in the last quarter. 20.05% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity D & D Bancorp Company Profile

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.