Affinity Bancshares, Inc. (NASDAQ:AFBI) Short Interest Down 28.1% in April

Affinity Bancshares, Inc. (NASDAQ:AFBI - Get Free Report) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 17,400 shares, a decrease of 28.1% from the March 31st total of 24,200 shares. Based on an average daily volume of 16,800 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the shares of the company are sold short.

Hedge Funds Weigh In On Affinity Bancshares

Hedge funds have recently bought and sold shares of the company. Yakira Capital Management Inc. boosted its stake in shares of Affinity Bancshares by 11.5% in the 4th quarter. Yakira Capital Management Inc. now owns 143,822 shares of the company's stock valued at $2,517,000 after purchasing an additional 14,787 shares in the last quarter. Cigogne Management SA acquired a new stake in Affinity Bancshares in the fourth quarter valued at approximately $2,020,000. Credit Industriel ET Commercial bought a new stake in shares of Affinity Bancshares during the fourth quarter worth $1,193,000. Dimensional Fund Advisors LP grew its stake in shares of Affinity Bancshares by 3.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 54,933 shares of the company's stock worth $966,000 after buying an additional 1,684 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Affinity Bancshares by 21.9% during the third quarter. Geode Capital Management LLC now owns 51,027 shares of the company's stock worth $1,093,000 after buying an additional 9,168 shares in the last quarter. 39.31% of the stock is owned by institutional investors.

Affinity Bancshares Stock Performance

Affinity Bancshares stock traded up $0.10 during trading hours on Friday, hitting $18.20. The company had a trading volume of 4,905 shares, compared to its average volume of 15,849. The firm has a 50-day moving average of $18.29 and a 200 day moving average of $19.48. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market cap of $115.21 million, a PE ratio of 22.20 and a beta of 0.25. Affinity Bancshares has a one year low of $16.60 and a one year high of $22.50.

Affinity Bancshares (NASDAQ:AFBI - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.26 EPS for the quarter. Affinity Bancshares had a return on equity of 4.65% and a net margin of 10.88%.

Affinity Bancshares Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a $1.50 dividend. The ex-dividend date was Thursday, March 13th.

Affinity Bancshares Company Profile

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards.