Kentucky First Federal Bancorp (NASDAQ:KFFB) Short Interest Up 54.3% in March


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Kentucky First Federal Bancorp (NASDAQ:KFFB) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 7,100 shares, an increase of 54.3% from the March 15th total of 4,600 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 7,900 shares, the days-to-cover ratio is currently 0.9 days.

An institutional investor recently bought a new position in Kentucky First Federal Bancorp stock. Game Plan Financial Advisors LLC purchased a new stake in Kentucky First Federal Bancorp (NASDAQ:KFFB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 12,700 shares of the savings and loans company’s stock, valued at approximately $83,000. Game Plan Financial Advisors LLC owned 0.15% of Kentucky First Federal Bancorp as of its most recent SEC filing. Hedge funds and other institutional investors own 2.31% of the company’s stock.

Shares of NASDAQ:KFFB traded down $0.01 during trading on Friday, reaching $7.20. The stock had a trading volume of 9,960 shares, compared to its average volume of 7,684. Kentucky First Federal Bancorp has a 52 week low of $5.50 and a 52 week high of $8.16. The firm has a market capitalization of $59.36 million, a price-to-earnings ratio of -4.77 and a beta of 0.48. The company has a quick ratio of 1.43, a current ratio of 1.44 and a debt-to-equity ratio of 1.13. The stock has a fifty day simple moving average of $7.10 and a two-hundred day simple moving average of $6.72.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last released its quarterly earnings results on Friday, January 29th. The savings and loans company reported $0.04 EPS for the quarter. Kentucky First Federal Bancorp had a negative net margin of 96.29% and a positive return on equity of 1.81%. The company had revenue of $2.60 million for the quarter.

The company also recently declared a quarterly dividend, which will be paid on Monday, May 17th. Stockholders of record on Friday, April 30th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date of this dividend is Thursday, April 29th.

Kentucky First Federal Bancorp Company Profile

Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc that provide various banking products and services in Kentucky. Its deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts.

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