Short Interest in William Penn Bancorporation (NASDAQ:WMPN) Expands By 31.8%

William Penn Bancorporation (NASDAQ:WMPN) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 25,300 shares, an increase of 31.8% from the October 15th total of 19,200 shares. Based on an average daily trading volume, of 31,300 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Trading of William Penn Bancorporation

An institutional investor recently bought a new position in William Penn Bancorporation stock. Acadian Asset Management LLC acquired a new position in William Penn Bancorporation (NASDAQ:WMPN) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,027 shares of the company’s stock, valued at approximately $48,000. 31.18% of the stock is owned by hedge funds and other institutional investors.

William Penn Bancorporation Stock Performance

Shares of NASDAQ WMPN opened at $13.23 on Friday. William Penn Bancorporation has a fifty-two week low of $10.80 and a fifty-two week high of $13.45. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.78 and a quick ratio of 0.78. The business has a 50-day simple moving average of $12.31 and a two-hundred day simple moving average of $12.00.

William Penn Bancorporation (NASDAQ:WMPN) last released its earnings results on Wednesday, October 16th. The company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.05. William Penn Bancorporation had a negative net margin of 0.09% and a negative return on equity of 0.19%. The company had revenue of $4.79 million during the quarter, compared to analysts’ expectations of $4.86 million.

William Penn Bancorporation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Monday, October 28th were given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend was Monday, October 28th.

About William Penn Bancorporation

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, savings and club, and individual retirement accounts.