WVS Financial Corp. (NASDAQ:WVFC) Sees Significant Growth in Short Interest

WVS Financial Corp. (NASDAQ:WVFC) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 1,600 shares, a growth of 1,500.0% from the August 15th total of 100 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 14,200 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 14,200 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

WVS Financial Stock Performance

Shares of WVFC opened at $12.20 on Friday. The stock has a 50-day simple moving average of $12.27 and a 200-day simple moving average of $12.34. The company has a debt-to-equity ratio of 3.20, a quick ratio of 0.53 and a current ratio of 0.53. The stock has a market capitalization of $23.11 million, a PE ratio of 12.45 and a beta of 0.11. WVS Financial has a 1 year low of $12.01 and a 1 year high of $15.40.

WVS Financial Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th were paid a $0.10 dividend. This represents a dividend yield of 329.0%. The ex-dividend date was Monday, August 11th. WVS Financial’s dividend payout ratio (DPR) is presently 38.10%.

WVS Financial Company Profile

WVS Financial Corp. operates as the bank holding company for West View Savings Bank that provides various banking products and services in the United States. The company accepts various deposit products, including regular savings accounts, demand accounts, negotiable order of withdrawal accounts, money market deposit accounts, and certificates of deposit, as well as individual retirement account certificates.