FB Bancorp, Inc. (NASDAQ:FBLA) Short Interest Update

Key Points

• Short interest surged 39.4% in March to 466,848 shares (about 2.4% of shares short) with a short-interest ratio of 3.9 days based on average daily volume.
• Analyst sentiment is negative: Wall Street Zen cut FB Bancorp to a sell and Weiss Ratings reaffirmed a sell, leaving a MarketBeat consensus rating of "Sell."
• Fundamentals and valuation are weak: FBLA trades near $13.49 with a market cap of $267.6M and a P/E of 192.7, and it reported a -$0.08 EPS last quarter with low net margin (1.48%) and ROE (0.96%).

FB Bancorp, Inc. (NASDAQ:FBLA - Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 466,848 shares, an increase of 39.4% from the February 26th total of 334,836 shares. Based on an average trading volume of 119,355 shares, the short-interest ratio is presently 3.9 days. Currently, 2.4% of the company's shares are short sold.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on FBLA shares. Wall Street Zen lowered FB Bancorp from a "hold" rating to a "sell" rating in a research note on Saturday. Weiss Ratings reaffirmed a "sell (d)" rating on shares of FB Bancorp in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of "Sell".

FB Bancorp Price Performance

Shares of FBLA stock opened at $13.49 on Friday. The stock has a 50 day moving average price of $13.21 and a 200 day moving average price of $12.72. FB Bancorp has a 52-week low of $9.81 and a 52-week high of $14.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.03. The firm has a market capitalization of $267.60 million, a P/E ratio of 192.71 and a beta of 0.09.

FB Bancorp (NASDAQ:FBLA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported ($0.08) EPS for the quarter. FB Bancorp had a net margin of 1.48% and a return on equity of 0.96%. The business had revenue of $9.39 million during the quarter.

Hedge Funds Weigh In On FB Bancorp

Institutional investors have recently bought and sold shares of the business. R Squared Ltd lifted its position in shares of FB Bancorp by 3.1% during the fourth quarter. R Squared Ltd now owns 25,974 shares of the company's stock valued at $334,000 after buying an additional 789 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its holdings in shares of FB Bancorp by 5.3% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 20,993 shares of the company's stock valued at $270,000 after purchasing an additional 1,050 shares during the last quarter. Mangrove Partners IM LLC lifted its holdings in shares of FB Bancorp by 1.0% during the 4th quarter. Mangrove Partners IM LLC now owns 144,020 shares of the company's stock valued at $1,851,000 after purchasing an additional 1,454 shares during the last quarter. Nuveen LLC boosted its position in shares of FB Bancorp by 6.3% in the 4th quarter. Nuveen LLC now owns 32,279 shares of the company's stock worth $415,000 after purchasing an additional 1,908 shares in the last quarter. Finally, Barclays PLC boosted its position in shares of FB Bancorp by 11.0% in the 4th quarter. Barclays PLC now owns 27,911 shares of the company's stock worth $359,000 after purchasing an additional 2,767 shares in the last quarter.

FB Bancorp Company Profile

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.

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