WVS Financial Corp. (NASDAQ:WVFC) Sees Significant Drop in Short Interest

WVS Financial Corp. (NASDAQ:WVFC) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 400 shares, a decrease of 50.0% from the September 15th total of 800 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the company’s shares are short sold.

WVS Financial stock opened at $15.58 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 3.04. WVS Financial has a 12-month low of $13.32 and a 12-month high of $16.79. The firm’s fifty day moving average is $15.87 and its 200 day moving average is $16.09. The company has a market capitalization of $29.35 million, a PE ratio of 19.72 and a beta of 0.66.

The company also recently announced a quarterly dividend, which was paid on Thursday, August 19th. Stockholders of record on Monday, August 9th were issued a $0.10 dividend. The ex-dividend date was Friday, August 6th. This represents a $0.40 annualized dividend and a dividend yield of 2.57%.

A hedge fund recently bought a new stake in WVS Financial stock. M3F Inc. purchased a new stake in shares of WVS Financial Corp. (NASDAQ:WVFC) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,522 shares of the bank’s stock, valued at approximately $182,000. M3F Inc. owned 0.61% of WVS Financial as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 26.92% of the company’s stock.

WVS Financial Company Profile

WVS Financial Corp. operates as a bank holding company, which engages in the provision of financial services. It offers single-family and multi-family residential real estate loans, commercial real estate loans, construction loans, consumer loans, land acquisition and development loans, and commercial loans.

Recommended Story: Trade Deficit

Receive News & Ratings for WVS Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WVS Financial and related companies with MarketBeat.com's FREE daily email newsletter.