HV Bancorp Inc (NASDAQ:HVBC) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 2,300 shares, a decrease of 42.5% from the July 31st total of 4,000 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 1.4 days.
Shares of HVBC stock traded up $0.24 during trading hours on Friday, hitting $14.80. 2,500 shares of the company’s stock were exchanged, compared to its average volume of 3,175. The stock’s 50-day moving average is $14.45 and its 200-day moving average is $15.33. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.96 and a quick ratio of 0.95. The stock has a market cap of $32.62 million, a price-to-earnings ratio of 42.47 and a beta of 0.05. HV Bancorp has a 52 week low of $14.25 and a 52 week high of $16.75.
A hedge fund recently raised its stake in HV Bancorp stock. Vanguard Group Inc. lifted its holdings in shares of HV Bancorp Inc (NASDAQ:HVBC) by 3.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 27,288 shares of the financial services provider’s stock after purchasing an additional 1,000 shares during the period. Vanguard Group Inc. owned 1.21% of HV Bancorp worth $399,000 at the end of the most recent reporting period. Institutional investors own 18.50% of the company’s stock.
HVBC has been the topic of several research analyst reports. TheStreet cut HV Bancorp from a “b-” rating to a “c+” rating in a report on Monday, June 24th. ValuEngine cut HV Bancorp from a “hold” rating to a “sell” rating in a report on Monday, July 22nd.
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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