Short Interest in Fifth District Bancorp, Inc. (NASDAQ:FDSB) Rises By 19.1%

Fifth District Bancorp, Inc. (NASDAQ:FDSB) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 5,438 shares, an increase of 19.1% from the December 15th total of 4,566 shares. Based on an average daily trading volume, of 33,910 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 33,910 shares, the days-to-cover ratio is currently 0.2 days.

Fifth District Bancorp Trading Up 0.8%

Shares of NASDAQ:FDSB traded up $0.12 during trading on Tuesday, reaching $15.09. The stock had a trading volume of 8,675 shares, compared to its average volume of 10,527. Fifth District Bancorp has a 52 week low of $11.35 and a 52 week high of $15.64. The firm’s fifty day moving average is $14.24 and its 200 day moving average is $13.71. The stock has a market cap of $83.30 million, a price-to-earnings ratio of 20.67 and a beta of 0.44. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.05 and a current ratio of 1.05.

Fifth District Bancorp (NASDAQ:FDSB) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.07 earnings per share for the quarter. Fifth District Bancorp had a return on equity of 2.88% and a net margin of 14.27%.The firm had revenue of $3.57 million during the quarter.

Hedge Funds Weigh In On Fifth District Bancorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FDSB. Susquehanna International Group LLP boosted its holdings in Fifth District Bancorp by 28.2% in the 3rd quarter. Susquehanna International Group LLP now owns 13,149 shares of the company’s stock worth $182,000 after buying an additional 2,894 shares during the period. Arcus Capital Partners LLC grew its position in shares of Fifth District Bancorp by 9.5% in the second quarter. Arcus Capital Partners LLC now owns 13,304 shares of the company’s stock valued at $164,000 after purchasing an additional 1,149 shares in the last quarter. TruWealth Advisors LLC bought a new stake in shares of Fifth District Bancorp during the 3rd quarter valued at $484,000. Fourthstone LLC purchased a new stake in Fifth District Bancorp during the 2nd quarter worth about $1,128,000. Finally, Alliancebernstein L.P. boosted its stake in Fifth District Bancorp by 56.0% in the 3rd quarter. Alliancebernstein L.P. now owns 133,954 shares of the company’s stock worth $1,853,000 after purchasing an additional 48,103 shares during the period.

Wall Street Analyst Weigh In

FDSB has been the topic of several research reports. Wall Street Zen upgraded shares of Fifth District Bancorp to a “hold” rating in a research note on Saturday, December 20th. Weiss Ratings restated a “sell (d)” rating on shares of Fifth District Bancorp in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

About Fifth District Bancorp

Fifth District Bancorp is a bank holding company headquartered in Vienna, Virginia. Through its principal subsidiary, Fifth District Bank, the company offers a full suite of commercial and retail banking services designed to meet the needs of individuals, small businesses and middle-market enterprises. Operating under a national bank charter, Fifth District Bancorp focuses on relationship-driven service, providing its clients with personalized financial solutions and responsive customer support.

The bank’s core business activities include deposit-taking, commercial and industrial lending, mortgage banking, and wealth management.