FVCBankcorp, Inc. (NASDAQ:FVCB) Short Interest Update

FVCBankcorp, Inc. (NASDAQ:FVCBGet Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 126,200 shares, a growth of 13.1% from the April 15th total of 111,600 shares. Based on an average trading volume of 20,300 shares, the days-to-cover ratio is currently 6.2 days.

Analysts Set New Price Targets

Separately, TheStreet cut shares of FVCBankcorp from a “b” rating to a “c+” rating in a report on Wednesday, January 24th.

Read Our Latest Research Report on FVCBankcorp

Insiders Place Their Bets

In related news, insider William G. Byers sold 4,450 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $12.04, for a total value of $53,578.00. Following the completion of the sale, the insider now owns 40,290 shares of the company’s stock, valued at $485,091.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Phillip R. Wills III sold 10,170 shares of the firm’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $11.22, for a total transaction of $114,107.40. Following the completion of the sale, the director now directly owns 58,884 shares of the company’s stock, valued at approximately $660,678.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William G. Byers sold 4,450 shares of FVCBankcorp stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $12.04, for a total transaction of $53,578.00. Following the completion of the sale, the insider now owns 40,290 shares of the company’s stock, valued at approximately $485,091.60. The disclosure for this sale can be found here. Insiders sold 45,561 shares of company stock valued at $540,198 in the last three months. 13.99% of the stock is currently owned by insiders.

Institutional Investors Weigh In On FVCBankcorp

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of FVCBankcorp by 1.5% during the first quarter. Vanguard Group Inc. now owns 812,588 shares of the company’s stock worth $9,897,000 after purchasing an additional 11,977 shares in the last quarter. Empowered Funds LLC lifted its stake in FVCBankcorp by 7.9% in the first quarter. Empowered Funds LLC now owns 47,925 shares of the company’s stock valued at $584,000 after buying an additional 3,500 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of FVCBankcorp by 69.2% in the first quarter. BNP Paribas Financial Markets now owns 7,707 shares of the company’s stock valued at $94,000 after acquiring an additional 3,152 shares during the period. New York State Common Retirement Fund grew its position in shares of FVCBankcorp by 1,504.6% during the fourth quarter. New York State Common Retirement Fund now owns 7,670 shares of the company’s stock worth $109,000 after acquiring an additional 7,192 shares during the last quarter. Finally, Burt Wealth Advisors acquired a new position in shares of FVCBankcorp in the 4th quarter valued at $173,000. 43.61% of the stock is currently owned by institutional investors and hedge funds.

FVCBankcorp Stock Up 0.5 %

FVCBankcorp stock opened at $11.16 on Wednesday. The stock has a market cap of $199.54 million, a PE ratio of 46.50 and a beta of 0.23. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.01 and a quick ratio of 1.01. The stock’s fifty day moving average is $11.57 and its two-hundred day moving average is $12.19. FVCBankcorp has a 1-year low of $8.49 and a 1-year high of $15.39.

FVCBankcorp (NASDAQ:FVCBGet Free Report) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. FVCBankcorp had a return on equity of 7.39% and a net margin of 4.55%. The firm had revenue of $13.19 million during the quarter, compared to the consensus estimate of $13.82 million. On average, sell-side analysts expect that FVCBankcorp will post 0.91 EPS for the current fiscal year.

FVCBankcorp Company Profile

(Get Free Report)

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.

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