BV Financial, Inc. (NASDAQ:BVFL) Sees Significant Decrease in Short Interest

BV Financial, Inc. (NASDAQ:BVFL) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totalling 14,100 shares, a drop of 26.2% from the April 15th total of 19,100 shares. Based on an average daily trading volume, of 11,600 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the shares of the company are short sold.

BV Financial Price Performance

BVFL stock opened at $10.59 on Monday. BV Financial has a twelve month low of $9.65 and a twelve month high of $22.00. The company has a market cap of $120.51 million and a PE ratio of 7.62. The business’s 50-day simple moving average is $10.73 and its 200 day simple moving average is $12.08.

Institutional Trading of BV Financial

Institutional investors have recently modified their holdings of the company. Newtyn Management LLC bought a new stake in BV Financial in the 3rd quarter valued at $8,864,000. BlackBarn Capital Partners LP bought a new position in BV Financial during the fourth quarter worth about $6,806,000. Stilwell Value LLC bought a new stake in shares of BV Financial in the 3rd quarter valued at approximately $1,543,000. Oppenheimer & Close LLC acquired a new position in shares of BV Financial in the 3rd quarter worth approximately $1,512,000. Finally, Gendell Jeffrey L bought a new position in shares of BV Financial during the 3rd quarter worth approximately $1,373,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

About BV Financial

BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.