Short Interest in BV Financial, Inc. (NASDAQ:BVFL) Declines By 28.3%

BV Financial, Inc. (NASDAQ:BVFLGet Free Report) saw a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 6,600 shares, a decline of 28.3% from the May 15th total of 9,200 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 11,000 shares, the days-to-cover ratio is currently 0.6 days.

BV Financial Trading Up 0.1 %

BVFL traded up $0.01 on Friday, hitting $11.36. The company had a trading volume of 3,710 shares, compared to its average volume of 14,327. The firm has a market cap of $129.28 million and a P/E ratio of 8.17. The company’s fifty day moving average price is $10.70 and its 200 day moving average price is $12.10. BV Financial has a 1 year low of $9.65 and a 1 year high of $20.80.

BV Financial (NASDAQ:BVFLGet Free Report) last announced its earnings results on Monday, April 22nd. The company reported $0.24 earnings per share for the quarter. BV Financial had a net margin of 27.28% and a return on equity of 7.52%. The firm had revenue of $8.54 million for the quarter.

Institutional Investors Weigh In On BV Financial

Hedge funds and other institutional investors have recently modified their holdings of the company. Covestor Ltd raised its position in shares of BV Financial by 99.8% during the 1st quarter. Covestor Ltd now owns 4,003 shares of the company’s stock worth $41,000 after acquiring an additional 1,999 shares in the last quarter. BHZ Capital Management LP acquired a new stake in BV Financial during the fourth quarter worth approximately $245,000. Gendell Jeffrey L purchased a new stake in shares of BV Financial during the 3rd quarter worth approximately $1,373,000. Oppenheimer & Close LLC acquired a new position in shares of BV Financial in the 3rd quarter valued at $1,512,000. Finally, Stilwell Value LLC acquired a new position in shares of BV Financial in the 3rd quarter valued at $1,543,000. 42.65% of the stock is currently owned by institutional investors and hedge funds.

BV Financial Company Profile

(Get Free Report)

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.

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