Washingtonfirst Bk (NASDAQ:WFBI).
Basswood Capital Management, L.l.c. bought 41,139 shares last quarter increasing its exposure to Washingtonfirst Bk by 6.9%. Its stake was worth $22,658,000 an increase of $2,095,000 as of quarter end.
Basswood Capital Management, L.l.c. isn’t the only one who has changed their investment in WFBI. As of quarter end Alliancebernstein L.P. had sold a total of 48,972 shares trimming its holdings by 85.8%. The value of the investment in Washingtonfirst Bk decreased from $1,971,000 to $288,000 decreasing 85.4% for the reporting period. As of the end of the quarter California State Teachers Retirement System had disposed of 1,550 shares trimming its position 3.0%. The value of the investment in (WFBI) went from $1,785,000 to $1,784,000 a change of 0.1% since the last quarter.
As of quarter end Omers Administration Corp had bought 8,303 shares growing its stake by 18.5%. The value in dollars went from $1,554,000 to $1,897,000 a change of $343,000 quarter to quarter.
The company is trading up by 1.77% since yesterday’s close of 33.32. Washingtonfirst Bk’s P/E ratio is 22.41 and market capitalization is 424.94M. As of the last earnings report the EPS was $1.51 with 12.53M shares now outstanding.
Investors are a little more bullish on Washingtonfirst Bk of late as indicated by the downtick in short interest. The firm recorded a fall in short interest of -10.46% as of October 13, 2017 from the last reporting period. Short shares fell from 49,925 to 44,701 over that timeframe. With short interest at 44,701 and short average daily volume at 14,278, the short-interest ratio is 3.0 and the percentage of shorted shares is 0.00% as of October 13.