Kentucky First Federal Bancorp (NASDAQ:KFFB) Sees Significant Growth in Short Interest

Kentucky First Federal Bancorp (NASDAQ:KFFB) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 27,258 shares, a growth of 67.7% from the July 30th total of 16,250 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 4,085 shares, the short-interest ratio is currently 6.7 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kentucky First Federal Bancorp in a report on Tuesday, August 25th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Kentucky First Federal Bancorp presently has a consensus rating of “Hold”.

Institutional Trading of Kentucky First Federal Bancorp

An institutional investor recently bought a new position in Kentucky First Federal Bancorp stock. BlackRock Inc. purchased a new position in shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 9,744 shares of the savings and loans company’s stock, valued at approximately $49,000. BlackRock Inc. owned 0.12% of Kentucky First Federal Bancorp as of its most recent SEC filing. 3.16% of the stock is owned by hedge funds and other institutional investors.

Kentucky First Federal Bancorp Trading Up 0.3%

Shares of Kentucky First Federal Bancorp stock opened at $5.71 on Wednesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.28 and a quick ratio of 1.28. The stock’s 50 day simple moving average is $5.34 and its 200-day simple moving average is $4.86. The stock has a market cap of $46.23 million, a P/E ratio of 24.85 and a beta of 0.14. Kentucky First Federal Bancorp has a 1-year low of $2.97 and a 1-year high of $6.45.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last announced its quarterly earnings data on Tuesday, August 11th. The savings and loans company reported $0.08 EPS for the quarter. The firm had revenue of $3.24 million for the quarter. Kentucky First Federal Bancorp had a return on equity of 3.88% and a net margin of 8.91%.

Kentucky First Federal Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Shareholders of record on Monday, August 31st will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Monday, August 31st. Kentucky First Federal Bancorp’s dividend payout ratio (DPR) is 86.96%.

Kentucky First Federal Bancorp Company Profile

Kentucky First Federal Bancorp is the bank holding company for Kentucky First Federal Savings and Loan Association, a community-focused financial institution headquartered in London, Kentucky. The company offers a comprehensive range of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit, designed to meet the needs of individuals, families, and local businesses. By maintaining a strong local presence, the organization emphasizes personalized service and relationship banking across its branch network.

On the lending side, Kentucky First Federal Bancorp provides residential mortgage financing, home equity loans, consumer installment loans and commercial real estate and business loans.