First Capital, Inc. (NASDAQ:FCAP) Sees Large Growth in Short Interest

First Capital, Inc. (NASDAQ:FCAP) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 5,100 shares, a growth of 21.4% from the November 30th total of 4,200 shares. Based on an average trading volume of 3,300 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.2% of the company’s stock are sold short.

First Capital Stock Up 0.8 %

First Capital stock traded up $0.25 during midday trading on Tuesday, reaching $32.25. The company’s stock had a trading volume of 1,779 shares, compared to its average volume of 2,488. The company has a market cap of $108.10 million, a P/E ratio of 9.14 and a beta of 0.58. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29. The business has a 50-day simple moving average of $32.77 and a 200-day simple moving average of $32.41. First Capital has a fifty-two week low of $26.03 and a fifty-two week high of $38.00.

First Capital (NASDAQ:FCAP) last issued its earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. The business had revenue of $10.93 million for the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%.

First Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a dividend of $0.29 per share. The ex-dividend date was Friday, December 13th. This represents a $1.16 annualized dividend and a dividend yield of 3.60%. First Capital’s dividend payout ratio is presently 32.86%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Empowered Funds LLC boosted its position in shares of First Capital by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock valued at $490,000 after purchasing an additional 670 shares during the period. Geode Capital Management LLC lifted its stake in First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after buying an additional 1,520 shares during the last quarter. Finally, Siena Capital Partners GP LLC boosted its holdings in shares of First Capital by 17.4% in the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock valued at $3,602,000 after acquiring an additional 15,277 shares during the period. Institutional investors and hedge funds own 11.65% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of First Capital in a report on Thursday, December 26th. They issued a “hold” rating on the stock.

About First Capital

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.