Fifth District Bancorp, Inc. (NASDAQ:FDSB) Short Interest Update
by Scott Moore · The Cerbat GemFifth District Bancorp, Inc. (NASDAQ:FDSB – Get Free Report) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 4,581 shares, a drop of 33.8% from the February 12th total of 6,916 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 8,405 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 8,405 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are short sold.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Fifth District Bancorp in a report on Thursday, January 22nd. Wall Street Zen upgraded Fifth District Bancorp to a “hold” rating in a report on Saturday, December 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Fifth District Bancorp has an average rating of “Sell”.
Get Our Latest Stock Analysis on Fifth District Bancorp
Fifth District Bancorp Stock Down 0.6%
FDSB stock traded down $0.09 during mid-day trading on Friday, hitting $14.77. 2,141 shares of the company were exchanged, compared to its average volume of 7,665. The firm has a fifty day simple moving average of $14.99 and a 200 day simple moving average of $14.23. The company has a market capitalization of $81.53 million, a PE ratio of 20.23 and a beta of 0.47. Fifth District Bancorp has a twelve month low of $11.35 and a twelve month high of $15.64. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.05.
Institutional Trading of Fifth District Bancorp
Several hedge funds and other institutional investors have recently bought and sold shares of FDSB. Marshall Wace LLP bought a new position in Fifth District Bancorp during the fourth quarter worth $151,000. Susquehanna International Group LLP raised its holdings in shares of Fifth District Bancorp by 28.2% during the third quarter. Susquehanna International Group LLP now owns 13,149 shares of the company’s stock worth $182,000 after purchasing an additional 2,894 shares during the period. Arcus Capital Partners LLC lifted its position in shares of Fifth District Bancorp by 42.0% in the 3rd quarter. Arcus Capital Partners LLC now owns 18,897 shares of the company’s stock worth $261,000 after buying an additional 5,593 shares during the last quarter. TruWealth Advisors LLC bought a new position in shares of Fifth District Bancorp in the 3rd quarter worth about $484,000. Finally, Renaissance Technologies LLC boosted its holdings in shares of Fifth District Bancorp by 427.7% in the 4th quarter. Renaissance Technologies LLC now owns 63,321 shares of the company’s stock valued at $950,000 after buying an additional 51,321 shares during the period.
About Fifth District Bancorp
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.