What’s Malvern Bancorp Inc (NASDAQ:MLVF) Upside After This Short Interest Decrease?

March 21, 2018 - By Marie Mckinney

 What's Malvern Bancorp Inc (NASDAQ:MLVF) Upside After This Short Interest Decrease?

Investors sentiment decreased to 1.75 in 2017 Q3. Its down 1.36, from 3.11 in 2017Q2. It worsened, as 2 investors sold Malvern Bancorp, Inc. shares while 10 reduced holdings. 6 funds opened positions while 15 raised stakes. 4.35 million shares or 49.65% less from 8.63 million shares in 2017Q2 were reported.
Fj Capital Mngmt Ltd reported 649,000 shares or 2.1% of all its holdings. Bridgeway Cap Mgmt owns 0.01% invested in Malvern Bancorp, Inc. (NASDAQ:MLVF) for 41,700 shares. Quantum Cap Mngmt reported 26,947 shares or 0.17% of all its holdings. Renaissance Tech Limited Liability Co stated it has 35,900 shares or 0% of all its holdings. 3,997 are held by Nationwide Fund Advsr. Morgan Stanley stated it has 0% in Malvern Bancorp, Inc. (NASDAQ:MLVF). Bank & Trust Of America De reported 336 shares. State Street Corporation accumulated 87,010 shares. Macquarie Group Inc Limited reported 1,300 shares. Emerald Advisers Pa invested 0.04% in Malvern Bancorp, Inc. (NASDAQ:MLVF). 30,673 were accumulated by Deutsche National Bank Ag. The New Jersey-based Seidman Lawrence B has invested 8.59% in Malvern Bancorp, Inc. (NASDAQ:MLVF). Clover Prns L P holds 4.97% or 463,191 shares in its portfolio. Tiaa Cref Inv Mgmt Limited Liability Company has invested 0% of its portfolio in Malvern Bancorp, Inc. (NASDAQ:MLVF). Commercial Bank Of New York Mellon owns 21,180 shares.

The stock of Malvern Bancorp Inc (NASDAQ:MLVF) registered a decrease of 1.17% in short interest. MLVF’s total short interest was 93,000 shares in March as published by FINRA. Its down 1.17% from 94,100 shares, reported previously. With 2,600 shares average volume, it will take short sellers 36 days to cover their MLVF’s short positions. The short interest to Malvern Bancorp Inc’s float is 2.72%.

It closed at $26.25 lastly. It is down 38.19% since March 21, 2017 and is uptrending. It has outperformed by 21.49% the S&P500.

Malvern Bancorp, Inc. operates as the holding firm for Malvern Federal Savings Bank that provides various banking services and products to consumer and business clients in Pennsylvania. The company has market cap of $169.24 million. The firm offers checking accounts, retirement accounts, money market accounts, time and savings accounts, interest and non-interest bearing accounts, NOW accounts, and CDARS/ICS reciprocal deposits; and debit and credit card, wire transfer, automated teller, Internet banking, ACH origination, safe deposit box, telephone banking, and mobile banking services. It has a 32.45 P/E ratio. It also provides residential mortgage loans, such as one class and one-to four-family first lien residential mortgage loans; residential and commercial construction loans, and land loans; commercial loans, including commercial real estate loans, multi-family real estate loans, industrial loans, and commercial business loans; and consumer loans, such as home equity lines of credit, second mortgage loans, and unsecured consumer lines of credit.

Malvern Bancorp, Inc. (NASDAQ:MLVF) Ratings Coverage

Among 3 analysts covering Malvern Bancorp (NASDAQ:MLVF), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Malvern Bancorp has $30.0 highest and $17 lowest target. $24.33’s average target is -7.31% below currents $26.25 stock price. Malvern Bancorp had 8 analyst reports since August 5, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Malvern Bancorp, Inc. (NASDAQ:MLVF) rating on Tuesday, October 3. Keefe Bruyette & Woods has “Buy” rating and $28.5 target. The stock of Malvern Bancorp, Inc. (NASDAQ:MLVF) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. Sandler O’Neill maintained the stock with “Hold” rating in Wednesday, January 3 report. The company was maintained on Monday, February 26 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Wednesday, February 7 by Sandler O’Neill.

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