Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Short Interest Update

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 46,500 shares, a growth of 6.4% from the May 31st total of 43,700 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is presently 10.1 days. Currently, 1.0% of the company’s stock are short sold.

Fidelity D & D Bancorp Trading Down 0.4 %

Fidelity D & D Bancorp stock opened at $43.35 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.04. The business’s fifty day simple moving average is $45.63 and its two-hundred day simple moving average is $48.34. Fidelity D & D Bancorp has a 12 month low of $42.00 and a 12 month high of $60.85. The company has a market capitalization of $248.83 million, a price-to-earnings ratio of 15.32 and a beta of 0.63.

Fidelity D & D Bancorp (NASDAQ:FDBC) last announced its quarterly earnings results on Wednesday, April 24th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter. The firm had revenue of $19.52 million for the quarter. Fidelity D & D Bancorp had a return on equity of 11.78% and a net margin of 14.94%.

Fidelity D & D Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Monday, May 20th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend was Friday, May 17th. Fidelity D & D Bancorp’s payout ratio is currently 53.71%.

Institutional Trading of Fidelity D & D Bancorp

A number of hedge funds have recently bought and sold shares of FDBC. Fidelity D & D Bancorp Inc. purchased a new stake in Fidelity D & D Bancorp in the third quarter worth about $4,923,000. Vicus Capital purchased a new stake in shares of Fidelity D & D Bancorp during the fourth quarter worth about $232,000. SG Americas Securities LLC purchased a new stake in shares of Fidelity D & D Bancorp during the fourth quarter worth about $149,000. Lewis Asset Management LLC purchased a new stake in shares of Fidelity D & D Bancorp during the fourth quarter worth about $591,000. Finally, Alliance Wealth Advisors LLC purchased a new stake in shares of Fidelity D & D Bancorp during the fourth quarter worth about $245,000. Hedge funds and other institutional investors own 20.05% of the company’s stock.

Fidelity D & D Bancorp Company Profile

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.