Fifth District Bancorp, Inc. (NASDAQ:FDSB) Short Interest Down 16.8% in December

Fifth District Bancorp, Inc. (NASDAQ:FDSB) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 4,566 shares, a decline of 16.8% from the November 30th total of 5,488 shares. Based on an average daily volume of 34,273 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 34,273 shares, the days-to-cover ratio is presently 0.1 days.

Fifth District Bancorp Price Performance

Shares of FDSB traded up $0.01 during midday trading on Wednesday, reaching $14.99. The stock had a trading volume of 2,038 shares, compared to its average volume of 12,318. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market capitalization of $82.76 million, a P/E ratio of 20.53 and a beta of 0.52. The firm’s 50 day moving average price is $13.78 and its 200-day moving average price is $13.45. Fifth District Bancorp has a 52 week low of $11.35 and a 52 week high of $15.64.

Fifth District Bancorp (NASDAQ:FDSB) last issued its earnings results on Monday, November 10th. The company reported $0.07 earnings per share for the quarter. The firm had revenue of $3.57 million during the quarter. Fifth District Bancorp had a net margin of 14.27% and a return on equity of 2.88%.

Wall Street Analyst Weigh In

FDSB has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fifth District Bancorp in a report on Wednesday, October 8th. Wall Street Zen upgraded Fifth District Bancorp to a “hold” rating in a research report on Saturday, December 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Fifth District Bancorp has an average rating of “Sell”.

Hedge Funds Weigh In On Fifth District Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Arcus Capital Partners LLC lifted its stake in Fifth District Bancorp by 9.5% during the second quarter. Arcus Capital Partners LLC now owns 13,304 shares of the company’s stock valued at $164,000 after buying an additional 1,149 shares in the last quarter. Susquehanna International Group LLP raised its holdings in shares of Fifth District Bancorp by 28.2% during the third quarter. Susquehanna International Group LLP now owns 13,149 shares of the company’s stock valued at $182,000 after acquiring an additional 2,894 shares during the period. TruWealth Advisors LLC purchased a new stake in shares of Fifth District Bancorp in the 3rd quarter valued at approximately $484,000. Fourthstone LLC acquired a new position in Fifth District Bancorp in the 2nd quarter worth approximately $1,128,000. Finally, Alliancebernstein L.P. grew its position in Fifth District Bancorp by 56.0% during the 3rd quarter. Alliancebernstein L.P. now owns 133,954 shares of the company’s stock worth $1,853,000 after purchasing an additional 48,103 shares in the last quarter.

About Fifth District Bancorp

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.