Fifth District Bancorp, Inc. (NASDAQ:FDSB) Short Interest Down 16.8% in December

Fifth District Bancorp, Inc. (NASDAQ:FDSB) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 4,566 shares, a decline of 16.8% from the November 30th total of 5,488 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 34,273 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 34,273 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Fifth District Bancorp Price Performance

FDSB traded up $0.02 during trading on Thursday, reaching $15.00. 11,826 shares of the stock were exchanged, compared to its average volume of 35,343. The business’s 50 day moving average price is $13.81 and its two-hundred day moving average price is $13.46. The company has a market capitalization of $82.80 million, a price-to-earnings ratio of 20.55 and a beta of 0.52. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.05 and a quick ratio of 1.05. Fifth District Bancorp has a 1 year low of $11.35 and a 1 year high of $15.64.

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on FDSB. Weiss Ratings reissued a “sell (d)” rating on shares of Fifth District Bancorp in a research report on Wednesday, October 8th. Wall Street Zen upgraded Fifth District Bancorp to a “hold” rating in a research report on Saturday, December 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Fifth District Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FDSB. Fourthstone LLC acquired a new stake in Fifth District Bancorp in the 2nd quarter worth approximately $1,128,000. 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 valued at $1,853,000 after buying an additional 48,103 shares in the last quarter. TruWealth Advisors LLC acquired a new position in Fifth District Bancorp in the third quarter valued at about $484,000. Arcus Capital Partners LLC increased its stake in shares of Fifth District Bancorp by 42.0% in the third quarter. Arcus Capital Partners LLC now owns 18,897 shares of the company’s stock valued at $261,000 after buying an additional 5,593 shares in the last quarter. Finally, Mangrove Partners IM LLC increased its holdings in shares of Fifth District Bancorp by 2.1% in the third quarter. Mangrove Partners IM LLC now owns 142,330 shares of the company’s stock valued at $1,968,000 after purchasing an additional 2,925 shares in the last quarter.

Fifth District Bancorp Company Profile

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.