Village Bank and Trust Financial Corp. (NASDAQ:VBFC) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totalling 800 shares, a decrease of 60.0% from the May 30th total of 2,000 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the company’s stock are short sold.
Shares of VBFC traded down $0.35 on Thursday, reaching $33.08. 209 shares of the company’s stock traded hands, compared to its average volume of 1,896. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.00 and a current ratio of 1.01. The firm has a market capitalization of $48.75 million, a PE ratio of 13.78 and a beta of -0.03. The business has a 50 day moving average price of $33.30. Village Bank and Trust Financial has a 52-week low of $28.77 and a 52-week high of $35.50.
Village Bank and Trust Financial (NASDAQ:VBFC) last issued its quarterly earnings results on Tuesday, April 30th. The financial services provider reported $0.56 EPS for the quarter. The company had revenue of $5.98 million during the quarter. Village Bank and Trust Financial had a return on equity of 9.41% and a net margin of 12.10%.
In related news, major shareholder Kenneth R. Lehman acquired 1,577 shares of the stock in a transaction dated Monday, June 17th. The stock was purchased at an average cost of $33.35 per share, with a total value of $52,592.95. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Kenneth R. Lehman acquired 1,490 shares of the stock in a transaction dated Tuesday, July 2nd. The stock was bought at an average cost of $33.06 per share, with a total value of $49,259.40. The disclosure for this purchase can be found here. Over the last three months, insiders bought 3,576 shares of company stock valued at $118,960. Company insiders own 9.34% of the company’s stock.
Village Bank and Trust Financial Company Profile
Village Bank and Trust Financial Corp. operates as the bank holding company for Village Bank that provides banking and related financial services to small and medium sized businesses, professionals, and individuals. The company operates in two segments, Traditional Commercial Banking and Mortgage Banking.
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