NASDAQ:FNWD - Get Free Report ) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 6,200 shares, a growth of 6.9% from the March 31st total of 5,800 shares. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company's shares are short sold.
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Finward Bancorp Trading Up 0.9 % NASDAQ FNWD traded up $0.22 on Wednesday, hitting $24.71. 2,263 shares of the stock were exchanged, compared to its average volume of 9,004. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.84 and a current ratio of 0.84. Finward Bancorp has a 52-week low of $17.29 and a 52-week high of $30.23. The firm has a market capitalization of $106.25 million, a P/E ratio of 6.80 and a beta of 0.54. The stock has a fifty day moving average price of $24.11 and a two-hundred day moving average price of $23.09.
Finward Bancorp (NASDAQ:FNWD - Get Free Report ) last released its quarterly earnings results on Tuesday, January 30th. The company reported $0.35 EPS for the quarter. The firm had revenue of $15.45 million during the quarter. Finward Bancorp had a net margin of 14.11% and a return on equity of 11.47%. Research analysts forecast that Finward Bancorp will post 1.2 EPS for the current fiscal year.
Finward Bancorp Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 6th. Shareholders of record on Tuesday, April 23rd will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Monday, April 22nd. Finward Bancorp's payout ratio is currently 13.33%.
Institutional Inflows and Outflows An institutional investor recently bought a new position in Finward Bancorp stock. Mesirow Financial Investment Management Inc. acquired a new stake in shares of Finward Bancorp (NASDAQ:FNWD - Free Report ) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 10,667 shares of the company's stock, valued at approximately $262,000. Mesirow Financial Investment Management Inc. owned 0.25% of Finward Bancorp as of its most recent SEC filing. 26.59% of the stock is currently owned by institutional investors.
About Finward Bancorp (
Get Free Report )
Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans.
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