FB Bancorp, Inc. (NASDAQ:FBLA) Short Interest Update

FB Bancorp, Inc. (NASDAQ:FBLA) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 466,848 shares, an increase of 39.4% from the February 26th total of 334,836 shares. Based on an average daily trading volume, of 119,355 shares, the days-to-cover ratio is presently 3.9 days. Approximately 2.4% of the company’s stock are short sold.

Institutional Investors Weigh In On FB Bancorp

Large investors have recently bought and sold shares of the company. Russell Investments Group Ltd. acquired a new position in FB Bancorp in the 3rd quarter worth approximately $44,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in FB Bancorp during the 2nd quarter valued at approximately $60,000. New York State Common Retirement Fund purchased a new stake in shares of FB Bancorp in the 2nd quarter valued at $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of FB Bancorp in the 2nd quarter valued at $110,000. Finally, Occudo Quantitative Strategies LP acquired a new stake in shares of FB Bancorp in the second quarter worth $119,000.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on FBLA. Weiss Ratings restated a “sell (d)” rating on shares of FB Bancorp in a research note on Monday, December 29th. Wall Street Zen lowered shares of FB Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

FB Bancorp Price Performance

NASDAQ FBLA opened at $13.49 on Friday. The company has a market cap of $267.60 million, a price-to-earnings ratio of 192.71 and a beta of 0.09. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.03 and a quick ratio of 0.98. The stock’s fifty day moving average price is $13.21 and its 200 day moving average price is $12.72. FB Bancorp has a 1 year low of $9.81 and a 1 year high of $14.00.

FB Bancorp (NASDAQ:FBLA) last issued its quarterly earnings results on Wednesday, February 18th. The company reported ($0.08) EPS for the quarter. The firm had revenue of $9.39 million for the quarter. FB Bancorp had a return on equity of 0.96% and a net margin of 1.48%.

About FB Bancorp

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.