Affinity Bancshares, Inc. (NASDAQ:AFBI) Short Interest Update

Affinity Bancshares, Inc. (NASDAQ:AFBI) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 3,300 shares, a decline of 23.3% from the March 15th total of 4,300 shares. Based on an average trading volume of 3,700 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Trading of Affinity Bancshares

A number of institutional investors have recently modified their holdings of the company. Alliancebernstein L.P. raised its holdings in Affinity Bancshares by 17.5% during the fourth quarter. Alliancebernstein L.P. now owns 420,116 shares of the company’s stock worth $6,344,000 after acquiring an additional 62,566 shares in the last quarter. Vanguard Group Inc. raised its holdings in Affinity Bancshares by 66.2% during the first quarter. Vanguard Group Inc. now owns 91,062 shares of the company’s stock worth $1,430,000 after acquiring an additional 36,286 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Affinity Bancshares by 3.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 38,838 shares of the company’s stock worth $620,000 after acquiring an additional 1,278 shares in the last quarter. Geode Capital Management LLC raised its holdings in Affinity Bancshares by 56.0% during the second quarter. Geode Capital Management LLC now owns 21,321 shares of the company’s stock worth $251,000 after acquiring an additional 7,650 shares in the last quarter. Finally, HRT Financial LP bought a new stake in Affinity Bancshares during the first quarter worth about $203,000. 39.31% of the stock is currently owned by institutional investors.

Affinity Bancshares Trading Up 1.9 %

AFBI stock traded up $0.31 during midday trading on Monday, hitting $16.71. 6,400 shares of the company’s stock were exchanged, compared to its average volume of 4,427. The stock’s fifty day moving average price is $16.55 and its 200-day moving average price is $15.64. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $107.28 million, a PE ratio of 17.05 and a beta of 0.45. Affinity Bancshares has a one year low of $11.29 and a one year high of $17.15.

Affinity Bancshares (NASDAQ:AFBI) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.23 EPS for the quarter. The company had revenue of $7.31 million for the quarter. Affinity Bancshares had a return on equity of 5.42% and a net margin of 14.28%.

About Affinity Bancshares

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that engages in the provision of various banking products and services in Georgia. The company accepts various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.