First Capital, Inc. (NASDAQ:FCAP) Short Interest Update

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 4,000 shares, a decline of 49.4% from the March 31st total of 7,900 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is presently 0.7 days.

First Capital Price Performance

Shares of NASDAQ:FCAP traded up $1.99 during trading on Thursday, reaching $47.10. The stock had a trading volume of 13,075 shares, compared to its average volume of 3,853. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. The business has a fifty day moving average price of $39.48 and a 200-day moving average price of $35.23. The stock has a market cap of $158.02 million, a PE ratio of 13.19 and a beta of 0.53. First Capital has a 1-year low of $26.86 and a 1-year high of $50.86.

First Capital (NASDAQ:FCAP - Get Free Report) last announced its quarterly earnings results on Friday, April 25th. The savings and loans company reported $0.97 EPS for the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%. The business had revenue of $11.43 million for the quarter.

First Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a $0.29 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.46%. First Capital's payout ratio is currently 31.69%.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on First Capital in a research report on Thursday, April 17th. They set a "hold" rating on the stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Barlow Wealth Partners Inc. purchased a new position in shares of First Capital in the 1st quarter valued at about $200,000. Bridgeway Capital Management LLC increased its stake in First Capital by 2.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company's stock valued at $949,000 after buying an additional 675 shares during the period. Dimensional Fund Advisors LP increased its stake in First Capital by 7.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company's stock valued at $636,000 after buying an additional 1,440 shares during the period. Fourthstone LLC acquired a new position in shares of First Capital during the 4th quarter worth $1,824,000. Finally, Raymond James Financial Inc. acquired a new position in shares of First Capital during the 4th quarter worth $292,000. Hedge funds and other institutional investors own 11.65% of the company's stock.

First Capital Company Profile

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.