Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Sees Significant Growth in Short Interest

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 5,380 shares, an increase of 57.6% from the September 15th total of 3,413 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 1,322 shares, the days-to-cover ratio is currently 4.1 days.

Hedge Funds Weigh In On Home Federal Bancorp, Inc. of Louisiana

An institutional investor recently bought a new stake in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. bought a new position in shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,059 shares of the bank’s stock, valued at approximately $148,000. BlackRock Inc. owned about 0.23% of Home Federal Bancorp, Inc. of Louisiana as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 21.12% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research note on Friday, October 2nd. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Home Federal Bancorp, Inc. of Louisiana Stock Performance

NASDAQ:HFBL remained flat at $24.12 during mid-day trading on Friday. The company had a trading volume of 152 shares, compared to its average volume of 1,263. The stock’s fifty day moving average price is $24.86 and its 200-day moving average price is $21.87. The stock has a market cap of $73.08 million, a PE ratio of 12.06 and a beta of 0.41. Home Federal Bancorp, Inc. of Louisiana has a 1-year low of $14.00 and a 1-year high of $28.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.88 and a quick ratio of 0.88.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last released its earnings results on Thursday, July 30th. The bank reported $0.46 EPS for the quarter. The firm had revenue of $6.51 million for the quarter. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.56% and a return on equity of 10.69%.

About Home Federal Bancorp, Inc. of Louisiana

Home Federal Bancorp, Inc of Louisiana is the holding company for Home Federal Bank, a community-oriented financial institution headquartered in Shreveport, Louisiana. The bank serves individuals, families, businesses and organizations primarily in northern Louisiana.

Home Federal Bank offers a range of traditional banking products and services, including deposit accounts, checking and savings accounts, certificates of deposit, residential mortgage loans, consumer loans, commercial real estate financing and other business lending.