SB Financial Group, Inc. (NASDAQ:SBFG) Short Interest Up 46.4% in February

SB Financial Group, Inc. (NASDAQ:SBFG) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 116,500 shares, an increase of 46.4% from the February 13th total of 79,600 shares. Based on an average trading volume of 24,200 shares, the days-to-cover ratio is currently 4.8 days. Approximately 2.0% of the shares of the stock are short sold.

SB Financial Group Trading Up 2.2 %

SBFG opened at $19.82 on Tuesday. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $129.52 million, a PE ratio of 11.52 and a beta of 0.80. The firm has a 50-day moving average price of $21.40 and a two-hundred day moving average price of $20.48. SB Financial Group has a 1-year low of $13.01 and a 1-year high of $24.48.

SB Financial Group (NASDAQ:SBFG) last posted its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.11. SB Financial Group had a return on equity of 8.98% and a net margin of 14.10%. As a group, equities analysts anticipate that SB Financial Group will post 2 earnings per share for the current fiscal year.

SB Financial Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.145 per share. The ex-dividend date was Friday, February 14th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.93%. SB Financial Group’s dividend payout ratio (DPR) is presently 33.72%.

Institutional Trading of SB Financial Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Barclays PLC grew its holdings in SB Financial Group by 325.1% during the third quarter. Barclays PLC now owns 1,271 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 972 shares during the period. Jones Financial Companies Lllp bought a new position in shares of SB Financial Group during the fourth quarter worth $62,000. Jane Street Group LLC acquired a new position in shares of SB Financial Group in the 4th quarter valued at $208,000. Ritholtz Wealth Management bought a new stake in shares of SB Financial Group in the 4th quarter valued at $408,000. Finally, Northern Trust Corp raised its stake in SB Financial Group by 41.5% during the 4th quarter. Northern Trust Corp now owns 25,108 shares of the financial services provider’s stock worth $525,000 after buying an additional 7,370 shares during the period. 66.67% of the stock is owned by institutional investors.

SB Financial Group Company Profile

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.