Hopfed Bancorp Inc shares had a trading volume of 667 by the end of trading on Thursday. Shares saw a steep decrease in trading volume of 87.84% under the normal average daily volume.
Investors are a little more bullish on Hopfed Bancorp Inc lately as shown by the downtick in short interest. The firm saw a fall in short interest of -10.19% as of the latest report on October 13, 2017. Short interest fell from 15,225 to 13,673 over that period. With short interest at 13,673 and short average daily volume at 3,782, the short-interest ratio is 4.0 and the percentage of shorted shares was 0.00% on October 13.
Here are a few substantial investment firms who have updated their positions. Dimensional Fund Advisors Lp downsized its holdings by selling 1,965 shares a decrease of 0.9% as of 09/30/2017. Dimensional Fund Advisors Lp owns 228,960 shares valued at $3,299,000. The total value of its holdings decreased 2.9%. Kennedy Capital Management, Inc. grew its investment by buying 18,725 shares an increase of 22.1% from 06/30/2017 to 09/30/2017. Kennedy Capital Management, Inc. claims 103,405 shares worth $1,499,000. The value of the position overall is up by 23.5%.
Pinnacle Holdings, LLC augmented its stake by buying 1 shares an increase of 0.0%. Pinnacle Holdings, LLC now holds 21,682 shares with a value of $314,386,000. The value of the position overall is up by 1.2%. Geode Capital Management, LLC reduced its position by selling 3,188 shares a decrease of 12.6% in the quarter. Geode Capital Management, LLC now controls 22,075 shares worth $318,000. The total value of its holdings decreased 14.3%.
In the market the company is trading up since yesterday’s close of 14.05. The P/E ratio is 19.31 and the market cap of the company is 94.95M. As of the last earnings report the EPS was $0.74 with 6.67M shares presently outstanding.
HopFed Bancorp, Inc., launched on May 29, 1997, is a savings and loan holding company that operates through its subsidiary, Heritage Bank USA, Inc. (the Bank). The Bank is a Kentucky state chartered commercial bank with branch offices in Kentucky and Tennessee. The business of the Bank primarily consists of attracting deposits from the general public and investing such deposits in loans secured by single family residential real estate and investment securities, including the United States Government and agency securities, municipal and corporate bonds, collateralized mortgages obligations (CMOs), and mortgage-backed securities. The Bank also originates single-family residential/construction loans, and multi-family and commercial real estate loans, as well as loans secured by deposits, other consumer loans and commercial loans. The Bank’s Kentucky locations include Hopkinsville, Murray, Cadiz, Elkton, Fulton, Calvert City and Benton. The Tennessee locations include Clarksville, Pleasant View, Ashland City, Kingston Springs and Erin. The primary market area of the Bank consists of the adjacent counties of Calloway, Christian, Todd, Trigg, Fulton, and Marshall located in southwestern Kentucky and Montgomery, Cheatham, Houston, Davidson, Obion and Weakley counties located in Tennessee..