SB Financial Group, Inc. (NASDAQ:SBFG) Short Interest Update

SB Financial Group, Inc. (NASDAQ:SBFG) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 7,300 shares, an increase of 28.1% from the October 31st total of 5,700 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 12,100 shares, the days-to-cover ratio is currently 0.6 days.

SB Financial Group Stock Performance

SBFG opened at $21.71 on Monday. The firm has a market cap of $144.37 million, a P/E ratio of 12.48 and a beta of 0.75. SB Financial Group has a 52-week low of $13.01 and a 52-week high of $22.00. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.92. The business’s fifty day moving average is $19.96 and its 200-day moving average is $16.86.

SB Financial Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were issued a dividend of $0.145 per share. This is a positive change from SB Financial Group’s previous quarterly dividend of $0.14. This represents a $0.58 annualized dividend and a dividend yield of 2.67%. The ex-dividend date was Friday, November 8th. SB Financial Group’s dividend payout ratio is 33.33%.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on SB Financial Group in a report on Saturday, September 21st. They set a “hold” rating on the stock.

Institutional Trading of SB Financial Group

Large investors have recently modified their holdings of the stock. Princeton Capital Management LLC bought a new stake in shares of SB Financial Group during the 2nd quarter worth $146,000. Geode Capital Management LLC lifted its position in shares of SB Financial Group by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 71,076 shares of the financial services provider’s stock worth $1,462,000 after buying an additional 2,416 shares during the last quarter. Empowered Funds LLC lifted its position in shares of SB Financial Group by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 37,762 shares of the financial services provider’s stock worth $776,000 after buying an additional 1,876 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of SB Financial Group by 325.1% during the 3rd quarter. Barclays PLC now owns 1,271 shares of the financial services provider’s stock worth $26,000 after buying an additional 972 shares during the last quarter. 66.67% of the stock is owned by institutional investors and hedge funds.

About SB Financial Group

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.