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

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC - Get Free Report) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 49,600 shares, a decline of 5.7% from the March 15th total of 52,600 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,900 shares, the days-to-cover ratio is currently 8.4 days.

Insider Activity at Fidelity D & D Bancorp

In other Fidelity D & D Bancorp news, COO Eugene J. Walsh sold 545 shares of the business's stock in a transaction on Friday, February 16th. The shares were sold at an average price of $49.47, for a total value of $26,961.15. Following the sale, the chief operating officer now owns 13,735 shares in the company, valued at approximately $679,470.45. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, Chairman Brian J. Cali purchased 1,250 shares of the firm's stock in a transaction on Tuesday, February 20th. The shares were acquired at an average price of $46.96 per share, for a total transaction of $58,700.00. Following the purchase, the chairman now directly owns 390,709 shares in the company, valued at $18,347,694.64. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Eugene J. Walsh sold 545 shares of the business's stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $49.47, for a total transaction of $26,961.15. Following the completion of the sale, the chief operating officer now owns 13,735 shares in the company, valued at $679,470.45. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,486 shares of company stock worth $73,067. 17.68% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Fidelity D & D Bancorp

Several hedge funds have recently added to or reduced their stakes in the company. Rhumbline Advisers grew its holdings in Fidelity D & D Bancorp by 5.4% during the 3rd quarter. Rhumbline Advisers now owns 4,844 shares of the financial services provider's stock valued at $220,000 after purchasing an additional 250 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Fidelity D & D Bancorp by 1.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 19,715 shares of the financial services provider's stock valued at $958,000 after purchasing an additional 273 shares during the last quarter. Creative Planning grew its holdings in Fidelity D & D Bancorp by 0.7% during the 4th quarter. Creative Planning now owns 40,796 shares of the financial services provider's stock valued at $2,367,000 after purchasing an additional 276 shares during the last quarter. Geode Capital Management LLC grew its holdings in Fidelity D & D Bancorp by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 41,867 shares of the financial services provider's stock valued at $1,973,000 after purchasing an additional 320 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Fidelity D & D Bancorp by 7.8% during the 2nd quarter. Renaissance Technologies LLC now owns 8,300 shares of the financial services provider's stock valued at $403,000 after purchasing an additional 600 shares during the last quarter. 20.05% of the stock is currently owned by institutional investors.

Fidelity D & D Bancorp Price Performance

Shares of Fidelity D & D Bancorp stock traded up $0.04 during trading hours on Tuesday, reaching $45.51. The company's stock had a trading volume of 1,787 shares, compared to its average volume of 5,727. The firm has a 50 day moving average price of $47.80 and a 200-day moving average price of $49.76. Fidelity D & D Bancorp has a one year low of $35.51 and a one year high of $60.85. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market cap of $264.41 million, a P/E ratio of 14.27 and a beta of 0.64.

Fidelity D & D Bancorp (NASDAQ:FDBC - Get Free Report) last posted its earnings results on Wednesday, January 24th. The financial services provider reported $0.97 earnings per share for the quarter. Fidelity D & D Bancorp had a net margin of 17.30% and a return on equity of 13.16%. The firm had revenue of $12.96 million for the quarter.

Fidelity D & D Bancorp Company Profile

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.