FVCBankcorp, Inc. (NASDAQ:FVCB) Sees Significant Decrease in Short Interest

FVCBankcorp, Inc. (NASDAQ:FVCB) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 72,800 shares, a decrease of 6.3% from the December 15th total of 77,700 shares. Based on an average daily volume of 21,400 shares, the short-interest ratio is presently 3.4 days.

FVCBankcorp Stock Performance

FVCB traded up $0.07 during trading on Friday, hitting $11.81. 17,133 shares of the stock were exchanged, compared to its average volume of 20,537. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.09. FVCBankcorp has a 1-year low of $9.78 and a 1-year high of $14.50. The stock has a fifty day moving average price of $13.05 and a two-hundred day moving average price of $12.48. The firm has a market capitalization of $214.94 million, a P/E ratio of 43.74 and a beta of 0.28.

FVCBankcorp (NASDAQ:FVCB) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. FVCBankcorp had a return on equity of 7.29% and a net margin of 4.95%. The firm had revenue of $30.05 million during the quarter, compared to the consensus estimate of $15.07 million. As a group, sell-side analysts predict that FVCBankcorp will post 0.92 earnings per share for the current year.

Insiders Place Their Bets

In other news, Chairman David W. Pijor sold 2,000 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $13.50, for a total value of $27,000.00. Following the sale, the chairman now directly owns 466,566 shares in the company, valued at approximately $6,298,641. This trade represents a 0.43 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 13.99% of the company’s stock.

Institutional Investors Weigh In On FVCBankcorp

Institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its stake in FVCBankcorp by 1.4% in the third quarter. Geode Capital Management LLC now owns 357,570 shares of the company’s stock valued at $4,667,000 after purchasing an additional 4,820 shares during the last quarter. State Street Corp lifted its stake in shares of FVCBankcorp by 2.0% in the third quarter. State Street Corp now owns 307,284 shares of the company’s stock worth $4,010,000 after acquiring an additional 5,974 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of FVCBankcorp by 7.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 218,271 shares of the company’s stock valued at $2,383,000 after buying an additional 16,073 shares during the last quarter. Bridgewater Advisors Inc. acquired a new stake in FVCBankcorp during the third quarter valued at approximately $2,246,000. Finally, Fourthstone LLC acquired a new position in shares of FVCBankcorp in the 3rd quarter worth approximately $1,371,000. Hedge funds and other institutional investors own 43.61% of the company’s stock.

FVCBankcorp Company Profile

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.