Short Interest in Fvcbankcorp, Inc. (NASDAQ:FVCB) Increases By 47.2%

Fvcbankcorp, Inc. (NASDAQ:FVCB) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 94,371 shares, a growth of 47.2% from the February 26th total of 64,104 shares. Based on an average daily trading volume, of 53,005 shares, the short-interest ratio is currently 1.8 days. Approximately 0.6% of the company’s stock are short sold.

Fvcbankcorp Stock Performance

NASDAQ:FVCB traded down $0.07 during trading hours on Friday, reaching $14.93. 30,986 shares of the stock were exchanged, compared to its average volume of 62,019. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.08. The firm has a 50 day simple moving average of $15.25 and a 200-day simple moving average of $13.81. Fvcbankcorp has a 52 week low of $9.49 and a 52 week high of $17.94. The stock has a market capitalization of $267.84 million, a P/E ratio of 12.34 and a beta of 0.39.

Fvcbankcorp (NASDAQ:FVCB) last issued its quarterly earnings results on Tuesday, January 20th. The company reported $0.31 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.31. The business had revenue of $18.33 million during the quarter, compared to the consensus estimate of $16.45 million. Fvcbankcorp had a return on equity of 8.92% and a net margin of 18.08%. As a group, sell-side analysts forecast that Fvcbankcorp will post 1.06 earnings per share for the current fiscal year.

Fvcbankcorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, January 26th were paid a dividend of $0.06 per share. The ex-dividend date was Monday, January 26th. This represents a $0.24 annualized dividend and a yield of 1.6%. Fvcbankcorp’s payout ratio is presently 19.83%.

Wall Street Analyst Weigh In

FVCB has been the topic of a number of analyst reports. Piper Sandler reaffirmed an “overweight” rating and set a $18.00 target price (up from $16.00) on shares of Fvcbankcorp in a research report on Thursday, February 12th. Weiss Ratings upgraded Fvcbankcorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, March 10th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Insider Transactions at Fvcbankcorp

In other Fvcbankcorp news, Director Phillip R. Wills III sold 11,462 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $14.81, for a total value of $169,752.22. Following the transaction, the director owned 53,694 shares in the company, valued at $795,208.14. The trade was a 17.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last quarter, insiders have sold 27,462 shares of company stock worth $417,034. Insiders own 10.85% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Fourthstone LLC boosted its holdings in shares of Fvcbankcorp by 258.4% in the 2nd quarter. Fourthstone LLC now owns 734,650 shares of the company’s stock valued at $8,669,000 after buying an additional 529,675 shares during the period. Ategra Capital Management LLC raised its stake in Fvcbankcorp by 211.3% during the third quarter. Ategra Capital Management LLC now owns 368,633 shares of the company’s stock worth $4,781,000 after acquiring an additional 250,232 shares during the period. Westbourne Investments Inc. raised its stake in Fvcbankcorp by 205.5% during the third quarter. Westbourne Investments Inc. now owns 211,510 shares of the company’s stock worth $2,585,000 after acquiring an additional 142,267 shares during the period. Proficio Capital Partners LLC bought a new position in Fvcbankcorp in the third quarter worth about $678,000. Finally, Millennium Management LLC lifted its holdings in Fvcbankcorp by 52.8% in the third quarter. Millennium Management LLC now owns 72,568 shares of the company’s stock worth $941,000 after acquiring an additional 25,075 shares during the last quarter. 43.61% of the stock is currently owned by institutional investors.

About Fvcbankcorp

Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.

The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.