Fifth District Bancorp, Inc. (NASDAQ:FDSB) Short Interest Update

Fifth District Bancorp, Inc. (NASDAQ:FDSB) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 6,839 shares, a growth of 27.5% from the January 15th total of 5,366 shares. Based on an average daily volume of 7,291 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 7,291 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On Fifth District Bancorp

A number of large investors have recently added to or reduced their stakes in the business. Marshall Wace LLP bought a new position in Fifth District Bancorp during the fourth quarter worth $151,000. Arcus Capital Partners LLC raised its position in shares of Fifth District Bancorp by 9.5% in the second quarter. Arcus Capital Partners LLC now owns 13,304 shares of the company’s stock valued at $164,000 after purchasing an additional 1,149 shares during the period. Susquehanna International Group LLP lifted its stake in shares of Fifth District Bancorp by 28.2% during the 3rd quarter. Susquehanna International Group LLP now owns 13,149 shares of the company’s stock worth $182,000 after buying an additional 2,894 shares during the last quarter. TruWealth Advisors LLC bought a new stake in shares of Fifth District Bancorp during the 3rd quarter worth about $484,000. Finally, Renaissance Technologies LLC grew its stake in 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 last quarter.

Fifth District Bancorp Trading Down 0.2%

NASDAQ FDSB traded down $0.03 on Monday, reaching $15.09. The company had a trading volume of 340 shares, compared to its average volume of 6,554. The stock has a market cap of $83.27 million, a price-to-earnings ratio of 20.66 and a beta of 0.44. Fifth District Bancorp has a 52 week low of $11.35 and a 52 week high of $15.64. The stock’s 50 day moving average is $14.85 and its 200-day moving average is $14.00. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.05.

Analysts Set New Price Targets

A number of brokerages recently commented on FDSB. Weiss Ratings reiterated a “sell (d)” rating on shares of Fifth District Bancorp in a research report on Thursday, January 22nd. Wall Street Zen raised shares of Fifth District Bancorp to a “hold” rating in a research note 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”.

Fifth District Bancorp Company Profile

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.