Kentucky First Federal Bancorp (NASDAQ:KFFB) Short Interest Up 483.3% in November

Kentucky First Federal Bancorp (NASDAQ:KFFB) was the target of a large increase in short interest in the month of November. As of November 29th, there was short interest totalling 3,500 shares, an increase of 483.3% from the November 14th total of 600 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 1.1 days.

Shares of Kentucky First Federal Bancorp stock opened at $7.75 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.97. The company’s fifty day simple moving average is $7.56 and its two-hundred day simple moving average is $7.57. The company has a market cap of $64.29 million, a P/E ratio of 70.18 and a beta of 0.45. Kentucky First Federal Bancorp has a 12-month low of $6.52 and a 12-month high of $8.45.

In related news, CEO Don D. Jennings acquired 6,000 shares of Kentucky First Federal Bancorp stock in a transaction on Thursday, September 19th. The shares were acquired at an average cost of $7.74 per share, with a total value of $46,440.00. Following the transaction, the chief executive officer now owns 18,643 shares in the company, valued at $144,296.82. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 5.00% of the stock is currently owned by insiders.

A hedge fund recently raised its stake in Kentucky First Federal Bancorp stock. Susquehanna International Group LLP raised its stake in shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) by 20.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,051 shares of the savings and loans company’s stock after purchasing an additional 3,046 shares during the quarter. Susquehanna International Group LLP owned approximately 0.22% of Kentucky First Federal Bancorp worth $142,000 at the end of the most recent reporting period. 2.87% of the stock is currently owned by institutional investors and hedge funds.

About Kentucky First Federal Bancorp

Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc that provide various banking products and services in Kentucky. Its deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts.

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