BV Financial, Inc. (NASDAQ:BVFL) Sees Large Decrease in Short Interest

BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 21,700 shares, a decrease of 13.2% from the March 15th total of 25,000 shares. Based on an average daily volume of 18,800 shares, the short-interest ratio is presently 1.2 days. Currently, 0.9% of the shares of the stock are sold short.

BV Financial Stock Up 0.7 %

NASDAQ:BVFL traded up $0.07 during trading hours on Friday, reaching $10.23. The company had a trading volume of 2,713 shares, compared to its average volume of 13,920. The firm has a market capitalization of $116.38 million and a PE ratio of 6.52. The stock has a 50-day moving average of $11.62 and a two-hundred day moving average of $12.00. BV Financial has a one year low of $9.65 and a one year high of $23.60.

BV Financial (NASDAQ:BVFL - Get Free Report) last announced its earnings results on Monday, January 22nd. The company reported $0.28 earnings per share (EPS) for the quarter. The business had revenue of $9.61 million during the quarter. BV Financial had a net margin of 29.06% and a return on equity of 9.15%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of BVFL. Gendell Jeffrey L bought a new position in shares of BV Financial in the third quarter valued at about $1,373,000. Oppenheimer & Close LLC acquired a new position in shares of BV Financial during the third quarter worth approximately $1,512,000. Stilwell Value LLC bought a new stake in shares of BV Financial during the third quarter valued at approximately $1,543,000. Newtyn Management LLC acquired a new stake in shares of BV Financial in the third quarter valued at approximately $8,864,000. Finally, Vanguard Group Inc. bought a new position in BV Financial in the 3rd quarter worth approximately $2,983,000. Institutional investors own 42.65% of the company's stock.

About BV Financial

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.