Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Short Interest Up 79.2% in May

Sound Financial Bancorp, Inc. (NASDAQ:SFBC - Get Free Report) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 4,300 shares, a growth of 79.2% from the May 15th total of 2,400 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is presently 1.2 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Sound Financial Bancorp to a "hold" rating in a research note on Saturday, May 24th.

Sound Financial Bancorp Price Performance

NASDAQ SFBC traded down $0.09 on Wednesday, reaching $48.03. The company's stock had a trading volume of 2,257 shares, compared to its average volume of 3,560. Sound Financial Bancorp has a 52 week low of $39.90 and a 52 week high of $55.99. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. The firm has a market cap of $123.42 million, a PE ratio of 24.63 and a beta of 0.23. The business has a 50-day moving average price of $50.28 and a 200 day moving average price of $51.49.

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) last issued its earnings results on Tuesday, April 29th. The bank reported $0.45 earnings per share (EPS) for the quarter. The business had revenue of $9.17 million during the quarter. Sound Financial Bancorp had a return on equity of 4.89% and a net margin of 8.12%.

Sound Financial Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 9th were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.58%. Sound Financial Bancorp's payout ratio is presently 38.97%.

Institutional Investors Weigh In On Sound Financial Bancorp

Several large investors have recently made changes to their positions in SFBC. Operose Advisors LLC acquired a new stake in Sound Financial Bancorp during the 1st quarter valued at $25,000. Arcus Capital Partners LLC bought a new stake in shares of Sound Financial Bancorp during the first quarter worth $558,000. FNY Investment Advisers LLC increased its stake in shares of Sound Financial Bancorp by 13.8% in the first quarter. FNY Investment Advisers LLC now owns 6,293 shares of the bank's stock valued at $315,000 after buying an additional 763 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Sound Financial Bancorp by 44.3% in the fourth quarter. Northern Trust Corp now owns 7,141 shares of the bank's stock valued at $376,000 after buying an additional 2,193 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Sound Financial Bancorp by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 18,016 shares of the bank's stock worth $949,000 after buying an additional 435 shares in the last quarter. 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.