Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Short Interest Update

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC - Get Free Report) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 15,600 shares, a decline of 17.5% from the March 31st total of 18,900 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 6,700 shares, the short-interest ratio is presently 2.3 days.

Fidelity D & D Bancorp Price Performance

Shares of Fidelity D & D Bancorp stock traded down $0.75 during trading on Wednesday, reaching $41.00. 1,241 shares of the company's stock were exchanged, compared to its average volume of 8,035. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.80. Fidelity D & D Bancorp has a 1-year low of $37.00 and a 1-year high of $61.21. The company has a market cap of $239.49 million, a P/E ratio of 11.36 and a beta of 0.96. The firm's 50-day moving average price is $41.52 and its 200 day moving average price is $46.65.

Fidelity D & D Bancorp (NASDAQ:FDBC - Get Free Report) last released its earnings results on Wednesday, April 23rd. The financial services provider reported $1.03 earnings per share for the quarter. Fidelity D & D Bancorp had a net margin of 16.50% and a return on equity of 10.49%. The business had revenue of $22.01 million during the quarter.

Fidelity D & D Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 20th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.90%. Fidelity D & D Bancorp's dividend payout ratio is currently 42.55%.

Institutional Investors Weigh In On Fidelity D & D Bancorp

Institutional investors have recently bought and sold shares of the stock. Barclays PLC lifted its holdings in Fidelity D & D Bancorp by 170.6% during the third quarter. Barclays PLC now owns 8,061 shares of the financial services provider's stock worth $398,000 after acquiring an additional 5,082 shares during the period. Geode Capital Management LLC increased its holdings in Fidelity D & D Bancorp by 1.9% during the third quarter. Geode Capital Management LLC now owns 109,925 shares of the financial services provider's stock worth $5,424,000 after buying an additional 2,099 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Fidelity D & D Bancorp by 322.7% in the third quarter. JPMorgan Chase & Co. now owns 8,885 shares of the financial services provider's stock valued at $438,000 after acquiring an additional 6,783 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Fidelity D & D Bancorp by 2.2% during the 4th quarter. Bank of New York Mellon Corp now owns 29,356 shares of the financial services provider's stock valued at $1,433,000 after acquiring an additional 639 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Fidelity D & D Bancorp by 15.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,714 shares of the financial services provider's stock worth $376,000 after purchasing an additional 1,056 shares during the last quarter. Institutional investors own 20.05% of the company's stock.

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.