Kentucky First Federal Bancorp (NASDAQ:KFFB) Sees Significant Growth in Short Interest

Kentucky First Federal Bancorp (NASDAQ:KFFB) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 27,258 shares, a growth of 67.7% from the July 30th total of 16,250 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 4,085 shares, the days-to-cover ratio is currently 6.7 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kentucky First Federal Bancorp in a research note on Tuesday, August 25th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus 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. BlackRock Inc. purchased a new position in Kentucky First Federal Bancorp (NASDAQ:KFFB) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 9,744 shares of the savings and loans company’s stock, valued at approximately $49,000. BlackRock Inc. owned about 0.12% of Kentucky First Federal Bancorp as of its most recent SEC filing. Hedge funds and other institutional investors own 3.16% of the company’s stock.

Kentucky First Federal Bancorp Price Performance

NASDAQ KFFB traded down $0.49 during trading hours on Monday, reaching $5.70. The company’s stock had a trading volume of 7,953 shares, compared to its average volume of 4,470. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.28 and a current ratio of 1.28. The company’s 50-day moving average is $5.31 and its two-hundred day moving average is $4.84. Kentucky First Federal Bancorp has a fifty-two week low of $2.97 and a fifty-two week high of $6.45. The stock has a market cap of $46.10 million, a PE ratio of 24.78 and a beta of 0.14.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last announced its quarterly earnings results on Tuesday, August 11th. The savings and loans company reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $3.24 million for the quarter. Kentucky First Federal Bancorp had a net margin of 8.91% and a return on equity of 3.88%.

Kentucky First Federal Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Investors of record on Monday, August 31st will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.20 dividend on an annualized basis and a yield of 3.5%. Kentucky First Federal Bancorp’s dividend payout ratio is presently 86.96%.

Kentucky First Federal Bancorp Company Profile

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.