First Capital, Inc. (NASDAQ:FCAP) Short Interest Up 54.5% in December

First Capital, Inc. (NASDAQ:FCAP) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 76,217 shares, a growth of 54.5% from the December 15th total of 49,318 shares. Approximately 2.4% of the company’s stock are sold short. Based on an average daily trading volume, of 28,547 shares, the days-to-cover ratio is presently 2.7 days. Based on an average daily trading volume, of 28,547 shares, the days-to-cover ratio is presently 2.7 days. Approximately 2.4% of the company’s stock are sold short.

Institutional Trading of First Capital

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Police & Firemen s Retirement System of New Jersey acquired a new stake in First Capital during the 2nd quarter worth approximately $28,000. CWM LLC acquired a new stake in shares of First Capital during the second quarter worth $31,000. Farther Finance Advisors LLC purchased a new position in First Capital in the 2nd quarter valued at $44,000. JPMorgan Chase & Co. increased its stake in First Capital by 30,940.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock valued at $64,000 after buying an additional 1,547 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in First Capital during the 2nd quarter worth $74,000. 11.65% of the stock is owned by hedge funds and other institutional investors.

First Capital Trading Down 2.3%

Shares of First Capital stock traded down $1.15 during trading on Friday, reaching $49.60. The company’s stock had a trading volume of 9,084 shares, compared to its average volume of 12,245. The company has a 50-day moving average price of $53.92 and a two-hundred day moving average price of $45.78. The firm has a market cap of $166.16 million, a PE ratio of 11.25 and a beta of 0.64. First Capital has a fifty-two week low of $31.05 and a fifty-two week high of $71.00.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings results on Friday, October 24th. The savings and loans company reported $1.34 earnings per share for the quarter. First Capital had a net margin of 23.29% and a return on equity of 12.04%. The firm had revenue of $13.26 million during the quarter.

First Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Friday, December 12th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.5%. First Capital’s dividend payout ratio (DPR) is currently 28.12%.

Analysts Set New Price Targets

A number of research firms recently commented on FCAP. Wall Street Zen raised shares of First Capital to a “hold” rating in a research report on Saturday, January 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Capital in a report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

First Capital Company Profile

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.