Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Stock Short Interest Rises 57.6%

Key Points

• Short interest increased 57.6% to 5,380 shares as of September 30, representing 0.2% of HFBL’s outstanding shares and 4.1 days of average trading volume.
• Analyst sentiment remained neutral: Weiss Ratings reiterated a “hold (C)” rating, and the sole covering analyst maintained a Hold consensus.
• HFBL shares were flat at $24.12, while the company reported quarterly EPS of $0.46 on $6.51 million in revenue; BlackRock also acquired a new 7,059-share position.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 5,380 shares, a growth of 57.6% from the September 15th total of 3,413 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 1,322 shares, the short-interest ratio is currently 4.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research report on Friday, October 2nd. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold".

Home Federal Bancorp, Inc. of Louisiana Price Performance

HFBL stock remained flat at $24.12 during midday trading on Friday. 5,899 shares of the company's stock were exchanged, compared to its average volume of 995. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. Home Federal Bancorp, Inc. of Louisiana has a fifty-two week low of $14.00 and a fifty-two week high of $28.00. The company has a market cap of $73.11 million, a P/E ratio of 12.06 and a beta of 0.41. The company's 50-day moving average is $24.85 and its 200-day moving average is $21.85.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The bank reported $0.46 EPS for the quarter. The firm had revenue of $6.51 million for the quarter. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.56% and a return on equity of 10.69%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. purchased a new position in shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,059 shares of the bank's stock, valued at approximately $148,000. BlackRock Inc. owned about 0.23% of Home Federal Bancorp, Inc. of Louisiana as of its most recent SEC filing. 21.12% of the stock is owned by institutional investors.

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana is the holding company for Home Federal Bank, a community-oriented financial institution headquartered in Shreveport, Louisiana. The bank serves individuals, families, businesses and organizations primarily in northern Louisiana.

Home Federal Bank offers a range of traditional banking products and services, including deposit accounts, checking and savings accounts, certificates of deposit, residential mortgage loans, consumer loans, commercial real estate financing and other business lending.

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