Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Sees Large Increase in Short Interest

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 46,500 shares, a growth of 6.4% from the May 31st total of 43,700 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 10.1 days. Currently, 1.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Fidelity D & D Bancorp

Several institutional investors have recently bought and sold shares of FDBC. BNP Paribas Financial Markets boosted its holdings in Fidelity D & D Bancorp by 67.0% during the 1st quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock worth $112,000 after acquiring an additional 925 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Fidelity D & D Bancorp in the 4th quarter worth approximately $149,000. Vicus Capital bought a new position in shares of Fidelity D & D Bancorp in the fourth quarter valued at approximately $232,000. Alliance Wealth Advisors LLC purchased a new stake in shares of Fidelity D & D Bancorp during the fourth quarter valued at approximately $245,000. Finally, Lewis Asset Management LLC bought a new stake in Fidelity D & D Bancorp during the fourth quarter worth $591,000. Institutional investors own 20.05% of the company’s stock.

Fidelity D & D Bancorp Trading Down 0.5 %

NASDAQ FDBC opened at $43.53 on Wednesday. Fidelity D & D Bancorp has a 52 week low of $42.00 and a 52 week high of $60.85. The business has a 50 day moving average price of $45.70 and a 200-day moving average price of $48.38. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.04. The company has a market cap of $249.86 million, a price-to-earnings ratio of 15.38 and a beta of 0.63.

Fidelity D & D Bancorp (NASDAQ:FDBC) last released its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $0.88 earnings per share for the quarter. Fidelity D & D Bancorp had a net margin of 14.94% and a return on equity of 11.78%. The firm had revenue of $19.52 million for the quarter.

Fidelity D & D Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Monday, May 20th were issued a $0.38 dividend. The ex-dividend date was Friday, May 17th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.49%. Fidelity D & D Bancorp’s dividend payout ratio is presently 53.71%.

About Fidelity D & D Bancorp

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.