William Penn Bancorporation (NASDAQ:WMPN) Sees Significant Decrease in Short Interest

William Penn Bancorporation (NASDAQ:WMPN) saw a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 9,300 shares, a decline of 19.1% from the November 15th total of 11,500 shares. Based on an average daily volume of 36,100 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of William Penn Bancorporation

An institutional investor recently raised its position in William Penn Bancorporation stock. Dryden Capital LLC raised its position in shares of William Penn Bancorporation (NASDAQ:WMPN) by 722.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 228,560 shares of the company’s stock after acquiring an additional 200,773 shares during the period. William Penn Bancorporation makes up about 4.5% of Dryden Capital LLC’s investment portfolio, making the stock its 9th largest position. Dryden Capital LLC owned 2.42% of William Penn Bancorporation worth $2,606,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 31.18% of the company’s stock.

William Penn Bancorporation Stock Performance

WMPN stock opened at $12.82 on Friday. William Penn Bancorporation has a 52 week low of $10.80 and a 52 week high of $13.87. The company has a fifty day simple moving average of $12.80 and a two-hundred day simple moving average of $12.15. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.32.

William Penn Bancorporation (NASDAQ:WMPN) last announced its quarterly earnings results on Wednesday, October 16th. The company reported $0.01 EPS for the quarter, beating 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 firm had revenue of $4.79 million during the quarter, compared to the consensus estimate of $4.86 million.

William Penn Bancorporation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Monday, October 28th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.94%. 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.