Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Sees Large Decline in Short Interest

Sound Financial Bancorp, Inc. (NASDAQ:SFBC - Get Free Report) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 1,500 shares, a decline of 21.1% from the March 31st total of 1,900 shares. Currently, 0.1% of the company's stock are short sold. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 3.0 days.

Sound Financial Bancorp Stock Performance

Shares of NASDAQ SFBC remained flat at $39.15 during trading hours on Friday. The company had a trading volume of 48 shares, compared to its average volume of 715. The firm has a market capitalization of $100.22 million, a P/E ratio of 13.69 and a beta of 0.60. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 0.51. The company's 50 day moving average price is $40.16 and its 200-day moving average price is $38.72. Sound Financial Bancorp has a 1-year low of $33.27 and a 1-year high of $41.41.

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) last announced its earnings results on Friday, January 26th. The bank reported $0.47 earnings per share (EPS) for the quarter. The firm had revenue of $8.63 million during the quarter. Sound Financial Bancorp had a return on equity of 7.45% and a net margin of 13.38%.

Institutional Investors Weigh In On Sound Financial Bancorp

A number of large investors have recently added to or reduced their stakes in the stock. Stilwell Value LLC boosted its position in Sound Financial Bancorp by 7.6% during the fourth quarter. Stilwell Value LLC now owns 407,978 shares of the bank's stock worth $15,911,000 after purchasing an additional 28,845 shares during the period. Financial Insights Inc. boosted its position in shares of Sound Financial Bancorp by 211.7% in the fourth quarter. Financial Insights Inc. now owns 17,897 shares of the bank's stock valued at $698,000 after acquiring an additional 12,155 shares during the period. Finally, Graham Capital Wealth Management LLC bought a new stake in shares of Sound Financial Bancorp in the fourth quarter valued at approximately $250,000. Institutional investors own 68.85% of the company's stock.

About Sound Financial Bancorp

Sound Financial Bancorp, Inc operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit.