Short Interest in Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Decreases By 21.1%

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 1,500 shares, a decline of 21.1% from the March 31st total of 1,900 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 3.0 days.

Hedge Funds Weigh In On Sound Financial Bancorp

Several large investors have recently made changes to their positions in SFBC. Stilwell Value LLC raised its position in shares of Sound Financial Bancorp by 7.6% during the fourth quarter. Stilwell Value LLC now owns 407,978 shares of the bank’s stock valued at $15,911,000 after buying an additional 28,845 shares during the last quarter. Graham Capital Wealth Management LLC bought a new stake in Sound Financial Bancorp in the 4th quarter worth approximately $250,000. Finally, Financial Insights Inc. increased its stake in Sound Financial Bancorp by 211.7% in the 4th quarter. Financial Insights Inc. now owns 17,897 shares of the bank’s stock worth $698,000 after acquiring an additional 12,155 shares during the last quarter. 68.85% of the stock is currently owned by hedge funds and other institutional investors.

Sound Financial Bancorp Stock Performance

NASDAQ SFBC traded up $0.79 on Tuesday, reaching $39.99. 412 shares of the stock were exchanged, compared to its average volume of 673. The company has a current ratio of 1.14, a quick ratio of 1.13 and a debt-to-equity ratio of 0.51. Sound Financial Bancorp has a one year low of $33.27 and a one year high of $41.41. The firm has a market capitalization of $102.37 million, a PE ratio of 13.98 and a beta of 0.60. The company’s 50-day simple moving average is $40.17 and its two-hundred day simple moving average is $38.77.

Sound Financial Bancorp (NASDAQ:SFBC) last announced its quarterly earnings data on Friday, January 26th. The bank reported $0.47 EPS for the quarter. The firm had revenue of $8.63 million for the quarter. Sound Financial Bancorp had a net margin of 13.38% and a return on equity of 7.45%.

About Sound Financial Bancorp

Sound Financial Bancorp, Inc operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit.