Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) Short Interest Update

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 24,200 shares, an increase of 28.0% from the July 31st total of 18,900 shares. Based on an average daily trading volume, of 10,500 shares, the short-interest ratio is currently 2.3 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 10,500 shares, the short-interest ratio is currently 2.3 days.

Hedge Funds Weigh In On Fidelity D&D Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of FDBC. Dimensional Fund Advisors LP boosted its position in shares of Fidelity D&D Bancorp by 1.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 14,450 shares of the financial services provider’s stock worth $705,000 after purchasing an additional 260 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Fidelity D&D Bancorp by 62.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 639 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 245 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Fidelity D&D Bancorp by 16.5% during the 4th quarter. Bank of America Corp DE now owns 6,314 shares of the financial services provider’s stock worth $308,000 after purchasing an additional 893 shares in the last quarter. Citadel Advisors LLC boosted its position in shares of Fidelity D&D Bancorp by 18.9% during the 4th quarter. Citadel Advisors LLC now owns 11,641 shares of the financial services provider’s stock worth $568,000 after purchasing an additional 1,853 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in shares of Fidelity D&D Bancorp by 85.9% during the 4th quarter. Deutsche Bank AG now owns 6,624 shares of the financial services provider’s stock worth $323,000 after purchasing an additional 3,061 shares in the last quarter. 20.05% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity D&D Bancorp Stock Performance

NASDAQ:FDBC opened at $45.11 on Thursday. The firm’s fifty day moving average price is $43.60 and its 200 day moving average price is $42.42. Fidelity D&D Bancorp has a 1-year low of $37.00 and a 1-year high of $61.21. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market cap of $260.28 million, a price-to-earnings ratio of 11.00 and a beta of 1.03.

Fidelity D&D Bancorp (NASDAQ:FDBC) last posted its quarterly earnings data on Wednesday, July 23rd. The financial services provider reported $1.20 earnings per share for the quarter. Fidelity D&D Bancorp had a net margin of 17.75% and a return on equity of 11.28%. The firm had revenue of $23.29 million for the quarter.

Fidelity D&D Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Friday, August 15th. Fidelity D&D Bancorp’s dividend payout ratio (DPR) is 39.02%.

About Fidelity D&D Bancorp

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.