Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Short Interest Down 17.2% in May

Sound Financial Bancorp, Inc. (NASDAQ:SFBC - Get Free Report) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totalling 2,400 shares, a decrease of 17.2% from the April 30th total of 2,900 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is presently 0.7 days.

Sound Financial Bancorp Price Performance

Shares of Sound Financial Bancorp stock traded down $0.33 during trading on Friday, reaching $49.67. 5,223 shares of the stock traded hands, compared to its average volume of 3,471. The company has a market capitalization of $127.45 million, a price-to-earnings ratio of 27.59 and a beta of 0.23. The business has a fifty day simple moving average of $50.41 and a two-hundred day simple moving average of $51.71. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.12 and a quick ratio of 1.12. Sound Financial Bancorp has a 52-week low of $39.72 and a 52-week high of $55.99.

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The bank reported $0.45 earnings per share for the quarter. The firm had revenue of $9.17 million during the quarter. Sound Financial Bancorp had a return on equity of 4.57% and a net margin of 7.48%.

Sound Financial Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 9th were given 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 1.53%. Sound Financial Bancorp's payout ratio is 38.97%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Operose Advisors LLC bought a new position in shares of Sound Financial Bancorp in the 1st quarter valued at about $25,000. Arcus Capital Partners LLC bought a new position in shares of Sound Financial Bancorp in the 1st quarter valued at about $558,000. FNY Investment Advisers LLC lifted its holdings in shares of Sound Financial Bancorp by 13.8% in the 1st quarter. FNY Investment Advisers LLC now owns 6,293 shares of the bank's stock valued at $315,000 after acquiring an additional 763 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Sound Financial Bancorp by 44.3% in the 4th quarter. Northern Trust Corp now owns 7,141 shares of the bank's stock valued at $376,000 after acquiring an additional 2,193 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Sound Financial Bancorp by 2.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 18,016 shares of the bank's stock valued at $949,000 after acquiring an additional 435 shares during the last quarter. Hedge funds and other 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.