Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) Short Interest Update

decrease of 14.2% from the April 13th total of 21,600 shares. Based on an average daily volume of 105,600 shares, the short-interest ratio is presently 0.2 days. The number of shares sold short by investors decreased 14.2% in the month of April.

() experienced a significant decrease in short interest throughout the month of March. On April 30, there were 18,500 shares of short interest, which is a 19.6% decrease from the total of 23,000 on April 15. The days-tocover ratio, based on an average daily volume of 24,100 share, is currently 0.8 days. About 0.2% of a company's shares are shorted.

Richmond Mutual Bancorporation Stock Performance

During Friday's trading hours, the stock rose $0.17 to $9.70. The stock of the company traded 53,490 more shares than its average of 20,531. Richmond Mutual Bancorporation's 52-week low is $8.61, and its 52-week high is $15.74. The 50-day average moving price of the company is $10.16, and its 200 day average moving price is $12.07. A quarterly dividend was also paid by the company on March 16th. Dividends were paid to shareholders who had their shares in the company's records on Monday, 6th March. Richmond Mutual Bancorporation had previously paid a quarterly dividend of $0.10. This dividend became payable on Friday, 3rd March. This is a $0.56 dividend with a yield of 5.77 percent. Richmond Mutual Bancorporation has a dividend payout ratio of 47.46%.

Insider Activities

Kathryn Girten, the director of the company, acquired 4,900 shares in a deal that took place on Tuesday, May 2. Stock was purchased at $9.73 on average per share with a value of $46,677.00. After the acquisition, the Director now owns 4,900 company shares, worth approximately $4767. Kathryn Girten, a director at Richmond Mutual Bancorporation, purchased 4,900 shares in the company on Tuesday, 2nd May. The shares were purchased at an average price per share of $9.73, resulting in a transaction totaling $47,677.00. The director now has 4,900 shares worth $47,677 in the company. Donald A. Benziger, the CFO, sold 4,157 of the company's shares in a deal on March 7th. The shares were bought at an average of $12.82 for a value of $53,292.74. After the sale is complete, the chief executive officer owns 35 771 shares of the company valued at $458 584.22. Insiders own 5.90%.

Inflows of Institutional Capital and Outflows

Recently, several large investors increased or decreased their stakes in this company. BHZ Capital Management LP grew its Richmond Mutual Bancorporation position by 8.4% in the 4th Quarter. BHZ Capital Management LP owns 15,785 of the company stock valued at $205,000, after purchasing an additional 1,226 during the period. Dimensional Fund Advisors LP grew its holdings in Richmond Mutual Bancorporation from 3.0% to 31% during the first quarter. Dimensional Fund Advisors LP owns now 55,884 of the company’s stock valued at $954,000. This is after purchasing an additional 1,636 share during the period. State Street Corp increased the position it held in Richmond Mutual Bancorporation during the second quarter by 7.8%. State Street Corp owns now 41,912 of the company’s shares worth $586,000. This is after purchasing an additional 3,018 during the period. Alliancebernstein L.P. grew its holdings in Richmond Mutual Bancorporation during the third quarter by 1.2%. Alliancebernstein L.P. owns now 611,272 of the company stock valued at $8,209,000, after purchasing 6,974 additional shares during the period. Susquehanna International Group LLP purchased a new Richmond Mutual Bancorporation position during the fourth quarter valued at $140,000. 17.46% is owned by institutional investors.

Richmond Mutual Bancorporation Company profile

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