Kentucky First Federal Bancorp (NASDAQ:KFFB) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 4,400 shares, an increase of 528.6% from the August 30th total of 700 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is presently 2.4 days. Currently, 0.1% of the shares of the stock are sold short.
Shares of KFFB opened at $7.30 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 1.01. Kentucky First Federal Bancorp has a 12 month low of $6.52 and a 12 month high of $8.45. The stock’s 50 day moving average is $7.49 and its two-hundred day moving average is $7.62. The firm has a market cap of $60.85 million, a P/E ratio of 72.69 and a beta of 0.47.
Kentucky First Federal Bancorp (NASDAQ:KFFB) last issued its quarterly earnings results on Wednesday, August 28th. The savings and loans company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $2.42 million for the quarter. Kentucky First Federal Bancorp had a return on equity of 1.22% and a net margin of 6.31%.
The company also recently declared a quarterly dividend, which will be paid on Monday, November 11th. Stockholders of record on Thursday, October 31st will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date of this dividend is Wednesday, October 30th.
In other Kentucky First Federal Bancorp news, CEO John C. Textor acquired 7,627 shares of the company’s stock in a transaction on Monday, September 9th. The shares were bought at an average cost of $9.20 per share, with a total value of $70,168.40. Also, CEO Don D. Jennings acquired 6,000 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was acquired at an average cost of $7.74 per share, for a total transaction of $46,440.00. Following the completion of the acquisition, the chief executive officer now owns 18,643 shares of the company’s stock, valued at approximately $144,296.82. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 13,877 shares of company stock worth $118,473. 5.10% of the stock is owned by corporate insiders.
An institutional investor recently raised its position in Kentucky First Federal Bancorp stock. Susquehanna International Group LLP lifted its position in Kentucky First Federal Bancorp (NASDAQ:KFFB) by 20.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,051 shares of the savings and loans company’s stock after acquiring an additional 3,046 shares during the period. Susquehanna International Group LLP owned 0.22% of Kentucky First Federal Bancorp worth $142,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 2.76% of the company’s stock.
Kentucky First Federal Bancorp Company Profile
Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc that provide various banking products and services in Kentucky. Its deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts.
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