HV Bancorp Inc (NASDAQ:HVBC) Short Interest Update
HV Bancorp Inc (NASDAQ:HVBC) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 2,300 shares, a decline of 42.5% from the July 31st total of 4,000 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 1.4 days.
HVBC has been the subject of a number of research analyst reports. ValuEngine lowered HV Bancorp from a “hold” rating to a “sell” rating in a report on Monday, July 22nd. TheStreet lowered HV Bancorp from a “b-” rating to a “c+” rating in a report on Monday, June 24th.
A hedge fund recently bought a new stake in HV Bancorp stock. Ladenburg Thalmann Financial Services Inc. purchased a new position in shares of HV Bancorp Inc (NASDAQ:HVBC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,800 shares of the financial services provider’s stock, valued at approximately $26,000. Ladenburg Thalmann Financial Services Inc. owned about 0.08% of HV Bancorp as of its most recent SEC filing. Hedge funds and other institutional investors own 18.50% of the company’s stock.
About HV Bancorp
HV Bancorp, Inc operates as the bank holding company for Huntingdon Valley Bank that provides various financial products and services to individuals and businesses. Its deposit products include NOW, money market, savings, and checking accounts, as well as demand deposits and certificates of deposit; and loan portfolio comprises one-to-four family residential real estate, commercial real estate, home equity, commercial business, construction, and consumer loans, as well as home equity lines of credit.
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