Kentucky First Federal Bancorp (NASDAQ:KFFB) Sees Large Increase in Short Interest

Kentucky First Federal Bancorp (NASDAQ:KFFB) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 9,443 shares, a growth of 28.8% from the February 26th total of 7,332 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,512 shares, the days-to-cover ratio is currently 6.2 days.

Kentucky First Federal Bancorp Stock Performance

Shares of KFFB traded down $0.14 during mid-day trading on Tuesday, hitting $4.30. 1,373 shares of the company traded hands, compared to its average volume of 4,737. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a 50-day moving average price of $4.62 and a two-hundred day moving average price of $4.29. Kentucky First Federal Bancorp has a 1 year low of $1.96 and a 1 year high of $4.98. The stock has a market cap of $34.79 million, a price-to-earnings ratio of 43.00 and a beta of 0.10.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last issued its earnings results on Thursday, February 12th. The savings and loans company reported $0.04 earnings per share (EPS) for the quarter. Kentucky First Federal Bancorp had a net margin of 4.04% and a return on equity of 1.71%. The company had revenue of $2.83 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Kentucky First Federal Bancorp in a report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Hedge Funds Weigh In On Kentucky First Federal Bancorp

An institutional investor recently bought a new position in Kentucky First Federal Bancorp stock. Farmers National Bank bought a new stake in shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 22,081 shares of the savings and loans company’s stock, valued at approximately $103,000. Farmers National Bank owned about 0.27% of Kentucky First Federal Bancorp at the end of the most recent quarter. 3.16% of the stock is currently owned by institutional investors.

About Kentucky First Federal Bancorp

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.