Short Interest in William Penn Bancorporation (NASDAQ:WMPN) Increases By 31.8%

William Penn Bancorporation (NASDAQ:WMPN) was the target of a large 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 presently 0.8 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Trading of William Penn Bancorporation

A hedge fund recently raised its stake in William Penn Bancorporation stock. Dryden Capital LLC increased its stake in shares of William Penn Bancorporation (NASDAQ:WMPN) by 722.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 228,560 shares of the company’s stock after purchasing an additional 200,773 shares during the quarter. William Penn Bancorporation makes up 4.5% of Dryden Capital LLC’s holdings, making the stock its 9th largest position. Dryden Capital LLC owned 2.42% of William Penn Bancorporation worth $2,606,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 31.18% of the company’s stock.

William Penn Bancorporation Stock Performance

Shares of William Penn Bancorporation stock opened at $13.23 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.78 and a current ratio of 0.78. The stock’s fifty day moving average price is $12.31 and its 200-day moving average price is $12.00. William Penn Bancorporation has a 12 month low of $10.80 and a 12 month high of $13.45.

William Penn Bancorporation (NASDAQ:WMPN) last posted its earnings results on Wednesday, October 16th. The company reported $0.01 EPS for the quarter, beating 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 business had revenue of $4.79 million for the quarter, compared to the consensus estimate of $4.86 million.

William Penn Bancorporation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Monday, October 28th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date was Monday, October 28th.

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.