Short Interest in FVCBankcorp, Inc. (NASDAQ:FVCB) Grows By 7.2%

FVCBankcorp, Inc. (NASDAQ:FVCB) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 77,700 shares, a growth of 7.2% from the November 30th total of 72,500 shares. Based on an average daily trading volume, of 21,200 shares, the short-interest ratio is presently 3.7 days.

Insider Activity at FVCBankcorp

In other FVCBankcorp news, Chairman David W. Pijor sold 2,000 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $13.50, for a total transaction of $27,000.00. Following the completion of the sale, the chairman now owns 466,566 shares in the company, valued at approximately $6,298,641. The trade was a 0.43 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 13.99% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On FVCBankcorp

Large investors have recently bought and sold shares of the stock. Bridgewater Advisors Inc. bought a new stake in shares of FVCBankcorp in the 3rd quarter worth $2,246,000. Fourthstone LLC purchased a new position in FVCBankcorp during the third quarter worth about $1,371,000. Evermay Wealth Management LLC grew its position in FVCBankcorp by 437.3% in the 2nd quarter. Evermay Wealth Management LLC now owns 95,914 shares of the company’s stock worth $1,047,000 after purchasing an additional 78,064 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in FVCBankcorp by 7.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 218,271 shares of the company’s stock valued at $2,383,000 after buying an additional 16,073 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of FVCBankcorp by 286.4% during the 3rd quarter. Barclays PLC now owns 21,529 shares of the company’s stock worth $281,000 after buying an additional 15,957 shares in the last quarter. 43.61% of the stock is currently owned by institutional investors.

FVCBankcorp Trading Down 0.7 %

NASDAQ:FVCB opened at $12.57 on Thursday. FVCBankcorp has a one year low of $9.78 and a one year high of $14.68. The company has a market cap of $228.82 million, a PE ratio of 46.56 and a beta of 0.25. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a 50-day moving average of $13.38 and a 200-day moving average of $12.34.

FVCBankcorp (NASDAQ:FVCB) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. FVCBankcorp had a return on equity of 7.29% and a net margin of 4.95%. The firm had revenue of $30.05 million during the quarter, compared to the consensus estimate of $15.07 million. As a group, equities research analysts expect that FVCBankcorp will post 0.92 EPS for the current fiscal year.

About FVCBankcorp

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.