William Penn Bancorporation (NASDAQ:WMPN) Short Interest Update

William Penn Bancorporation (NASDAQ:WMPN) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 25,300 shares, a growth of 31.8% from the October 15th total of 19,200 shares. Based on an average daily trading volume, of 31,300 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.3% of the company’s shares are short sold.

William Penn Bancorporation Stock Performance

William Penn Bancorporation stock opened at $12.97 on Friday. William Penn Bancorporation has a fifty-two week low of $10.80 and a fifty-two week high of $13.45. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.78 and a quick ratio of 0.78. The company’s 50 day simple moving average is $12.37 and its 200 day simple moving average is $12.02.

William Penn Bancorporation (NASDAQ:WMPN) last announced its quarterly earnings results on Wednesday, October 16th. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.05. William Penn Bancorporation had a negative net margin of 0.09% and a negative return on equity of 0.19%. The company had revenue of $4.79 million for the quarter, compared to analysts’ expectations of $4.86 million.

William Penn Bancorporation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Monday, October 28th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date was Monday, October 28th.

Hedge Funds Weigh In On William Penn Bancorporation

An institutional investor recently bought a new position in William Penn Bancorporation stock. Acadian Asset Management LLC purchased a new stake in William Penn Bancorporation (NASDAQ:WMPN) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,027 shares of the company’s stock, valued at approximately $48,000. Hedge funds and other institutional investors own 31.18% of the company’s stock.

About William Penn Bancorporation

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, savings and club, and individual retirement accounts.