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

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) was the target of a large drop in short interest in March. As of March 31st, there was short interest totalling 49,600 shares, a drop of 5.7% from the March 15th total of 52,600 shares. Based on an average daily trading volume, of 5,900 shares, the short-interest ratio is presently 8.4 days. Currently, 1.1% of the company’s stock are sold short.

Fidelity D & D Bancorp Price Performance

Shares of NASDAQ FDBC opened at $45.20 on Thursday. Fidelity D & D Bancorp has a fifty-two week low of $35.51 and a fifty-two week high of $60.85. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market cap of $262.61 million, a PE ratio of 14.17 and a beta of 0.64. The business has a 50-day simple moving average of $47.79 and a two-hundred day simple moving average of $49.72.

Fidelity D & D Bancorp (NASDAQ:FDBC) last announced its quarterly earnings data on Wednesday, January 24th. The financial services provider reported $0.97 earnings per share for the quarter. Fidelity D & D Bancorp had a net margin of 17.30% and a return on equity of 13.16%. The firm had revenue of $12.96 million for the quarter.

Insider Activity

In related news, COO Eugene J. Walsh sold 545 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $49.47, for a total transaction of $26,961.15. Following the completion of the transaction, the chief operating officer now owns 13,735 shares in the company, valued at approximately $679,470.45. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Fidelity D & D Bancorp news, Chairman Brian J. Cali acquired 1,250 shares of the stock in a transaction dated Tuesday, February 20th. The stock was purchased at an average price of $46.96 per share, with a total value of $58,700.00. Following the transaction, the chairman now directly owns 390,709 shares of the company’s stock, valued at $18,347,694.64. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Eugene J. Walsh sold 545 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $49.47, for a total value of $26,961.15. Following the transaction, the chief operating officer now owns 13,735 shares in the company, valued at $679,470.45. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,486 shares of company stock worth $73,067. Corporate insiders own 17.68% of the company’s stock.

Hedge Funds Weigh In On Fidelity D & D Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of Fidelity D & D Bancorp by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 223,296 shares of the financial services provider’s stock valued at $12,958,000 after acquiring an additional 4,461 shares during the last quarter. Barclays PLC boosted its holdings in Fidelity D & D Bancorp by 407.1% in the fourth quarter. Barclays PLC now owns 6,882 shares of the financial services provider’s stock valued at $398,000 after purchasing an additional 5,525 shares during the last quarter. Nuveen Asset Management LLC grew its position in Fidelity D & D Bancorp by 37.1% during the 4th quarter. Nuveen Asset Management LLC now owns 8,471 shares of the financial services provider’s stock worth $492,000 after purchasing an additional 2,294 shares during the period. Citadel Advisors LLC purchased a new position in shares of Fidelity D & D Bancorp during the 4th quarter valued at about $506,000. Finally, Royal Bank of Canada boosted its stake in shares of Fidelity D & D Bancorp by 18.8% in the fourth quarter. Royal Bank of Canada now owns 4,360 shares of the financial services provider’s stock worth $253,000 after buying an additional 691 shares during the last quarter. Institutional investors and hedge funds own 20.05% of the company’s stock.

Fidelity D & D Bancorp Company Profile

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.