Affinity Bancshares, Inc. (NASDAQ:AFBI) Short Interest Update

Affinity Bancshares, Inc. (NASDAQ:AFBI) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 24,200 shares, a drop of 50.7% from the March 15th total of 49,100 shares. Based on an average trading volume of 21,100 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Investors Weigh In On Affinity Bancshares

Institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its position in Affinity Bancshares by 3.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 54,933 shares of the company’s stock worth $966,000 after purchasing an additional 1,684 shares during the last quarter. Barclays PLC bought a new position in Affinity Bancshares in the 3rd quarter worth approximately $39,000. Farther Finance Advisors LLC increased its position in Affinity Bancshares by 14.6% in the 1st quarter. Farther Finance Advisors LLC now owns 16,302 shares of the company’s stock valued at $291,000 after acquiring an additional 2,075 shares during the period. JPMorgan Chase & Co. bought a new stake in Affinity Bancshares during the 3rd quarter valued at $59,000. Finally, Northern Trust Corp boosted its position in Affinity Bancshares by 52.5% during the 4th quarter. Northern Trust Corp now owns 15,345 shares of the company’s stock worth $269,000 after acquiring an additional 5,283 shares during the period. Institutional investors and hedge funds own 39.31% of the company’s stock.

Affinity Bancshares Price Performance

Shares of NASDAQ AFBI opened at $17.95 on Thursday. The company has a market capitalization of $114.65 million, a price-to-earnings ratio of 21.89 and a beta of 0.25. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.07 and a quick ratio of 1.07. Affinity Bancshares has a 1-year low of $16.50 and a 1-year high of $22.50. The business has a 50-day moving average of $18.34 and a 200-day moving average of $19.73.

Affinity Bancshares (NASDAQ:AFBI) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.26 earnings per share for the quarter. Affinity Bancshares had a net margin of 10.88% and a return on equity of 4.65%.

Affinity Bancshares Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $1.50 dividend. The ex-dividend date was Thursday, March 13th.

Affinity Bancshares Company Profile

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards.