Short Interest in SB Financial Group, Inc. (NASDAQ:SBFG) Decreases By 32.5%

SB Financial Group, Inc. (NASDAQ:SBFG) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 78,600 shares, a decrease of 32.5% from the February 28th total of 116,500 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average trading volume of 21,200 shares, the short-interest ratio is currently 3.7 days.

SB Financial Group Stock Down 1.8 %

Shares of SBFG traded down $0.39 during trading hours on Monday, hitting $20.77. The company had a trading volume of 3,580 shares, compared to its average volume of 12,814. The stock has a market capitalization of $135.70 million, a price-to-earnings ratio of 12.10 and a beta of 0.80. The firm has a fifty day moving average price of $21.50 and a 200-day moving average price of $20.73. SB Financial Group has a 52-week low of $13.01 and a 52-week high of $24.48. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.92.

SB Financial Group (NASDAQ:SBFG) last issued its earnings results on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.11. SB Financial Group had a net margin of 14.10% and a return on equity of 8.98%. On average, equities research analysts forecast that SB Financial Group will post 2 EPS for the current fiscal year.

SB Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.145 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.58 annualized dividend and a yield of 2.79%. SB Financial Group’s dividend payout ratio is 33.72%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of SBFG. Barclays PLC increased its holdings in SB Financial Group by 325.1% in the 3rd quarter. Barclays PLC now owns 1,271 shares of the financial services provider’s stock worth $26,000 after buying an additional 972 shares in the last quarter. Jones Financial Companies Lllp purchased a new position in shares of SB Financial Group during the fourth quarter valued at approximately $62,000. Jane Street Group LLC purchased a new position in shares of SB Financial Group during the fourth quarter valued at approximately $208,000. Ritholtz Wealth Management bought a new position in SB Financial Group during the fourth quarter valued at approximately $408,000. Finally, Northern Trust Corp boosted its holdings in SB Financial Group by 41.5% in the fourth quarter. Northern Trust Corp now owns 25,108 shares of the financial services provider’s stock worth $525,000 after purchasing an additional 7,370 shares during the last quarter. Hedge funds and other institutional investors own 66.67% of the company’s stock.

About SB Financial Group

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.