Short Interest in Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Rises By 800.0%

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 1,800 shares, an increase of 800.0% from the August 31st total of 200 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.2% of the company’s stock are sold short.

Separately, ValuEngine cut Home Federal Bancorp, Inc. of Louisiana from a “hold” rating to a “sell” rating in a research note on Monday, August 3rd.

Large investors have recently added to or reduced their stakes in the stock. Beese Fulmer Investment Management Inc. bought a new position in Home Federal Bancorp, Inc. of Louisiana in the 2nd quarter worth approximately $121,000. Morgan Stanley grew its holdings in Home Federal Bancorp, Inc. of Louisiana by 264.8% in the 1st quarter. Morgan Stanley now owns 1,211 shares of the bank’s stock worth $30,000 after buying an additional 879 shares in the last quarter. Finally, Level Four Advisory Services LLC bought a new position in Home Federal Bancorp, Inc. of Louisiana in the 2nd quarter worth approximately $201,000. Institutional investors and hedge funds own 17.18% of the company’s stock.

NASDAQ:HFBL opened at $23.30 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.89 and a current ratio of 0.91. Home Federal Bancorp, Inc. of Louisiana has a one year low of $20.00 and a one year high of $37.99. The business’s 50-day simple moving average is $23.54 and its 200 day simple moving average is $24.38. The stock has a market cap of $40.38 million, a price-to-earnings ratio of 10.84 and a beta of 0.58.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last released its quarterly earnings results on Thursday, July 30th. The bank reported $0.61 EPS for the quarter. Home Federal Bancorp, Inc. of Louisiana had a return on equity of 7.73% and a net margin of 15.89%. The business had revenue of $5.02 million for the quarter.

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana operates as the holding company for Home Federal Bank, a chartered savings bank that provides financial services to individuals, corporate entities, and other organizations in the Shreveport-Bossier City metropolitan area. It offers various deposit products, such as passbook savings, certificates of deposit, and demand deposit accounts.

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