Freedom Financial Holdings, Inc. (OTCMKTS:FDVA) Sees Large Increase in Short Interest

Freedom Financial Holdings, Inc. (OTCMKTS:FDVA) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 200 shares, an increase of ? from the May 31st total of 0 shares. Based on an average daily volume of 3,009 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Freedom Financial Price Performance

Shares of FDVA stock remained flat at $12.15 during mid-day trading on Tuesday. The stock had a trading volume of 15,667 shares, compared to its average volume of 1,313. The business has a fifty day moving average price of $12.15 and a two-hundred day moving average price of $12.05. Freedom Financial has a 12-month low of $11.00 and a 12-month high of $12.48. The stock has a market capitalization of $86.39 million, a P/E ratio of -173.55 and a beta of 0.08. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.88 and a current ratio of 0.90.

Freedom Financial (OTCMKTS:FDVA) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.05. The company had revenue of $8.31 million during the quarter, compared to the consensus estimate of $15.16 million. Freedom Financial had a negative return on equity of 0.57% and a negative net margin of 0.78%.

Freedom Financial Company Profile

Freedom Financial Holdings, Inc operates as the bank holding company for The Freedom Bank of Virginia that provides commercial banking, personal banking, and mortgage banking solutions. The company offers personal and business checking accounts, interest bearing business savings accounts, money market accounts, personal savings accounts, certificates of deposits, and IRAs, as well as insured cash sweep and certificate of deposit account registry services. It also provides business term, personal, and mortgage loans; commercial lines of credit; commercial real estate mortgage and small business lending services; home equity lines; and credit cards.