Is Broadway Financial Corporation (NASDAQ:BYFC) a Buy? The Stock Reported more Sellers

Investors sentiment decreased to 5 in 2018 Q2. Its down Infinity, from Infinity in 2018Q1. It worsened, as 1 investors sold Broadway Financial Corporation shares while 0 reduced holdings. 4 funds opened positions while 1 raised stakes. 4.00 million shares or 0.31% more from 3.99 million shares in 2018Q1 were reported.
Citadel Lc accumulated 0% or 27,019 shares. 1.48M were accumulated by Grace And White New York. Us Retail Bank De, Minnesota-based fund reported 375,001 shares. Bancorporation Of America De invested in 6 shares. Blackrock Incorporated, New York-based fund reported 6,387 shares. Deutsche National Bank & Trust Ag, Germany-based fund reported 31 shares. Morgan Stanley accumulated 431 shares. The Ontario – Canada-based Royal Comml Bank Of Canada has invested 0% in Broadway Financial Corporation (NASDAQ:BYFC). Vanguard Gp, Pennsylvania-based fund reported 22,638 shares.

The stock of Broadway Financial Corporation (NASDAQ:BYFC) registered an increase of 331.15% in short interest. BYFC’s total short interest was 26,300 shares in December as published by FINRA. Its up 331.15% from 6,100 shares, reported previously. With 20,400 shares average volume, it will take short sellers 1 days to cover their BYFC’s short positions. The short interest to Broadway Financial Corporation’s float is 0.31%.

The stock increased 2.31% or $0.03 during the last trading session, reaching $1.33. About 1,335 shares traded. Broadway Financial Corporation (NASDAQ:BYFC) has declined 35.06% since December 6, 2017 and is downtrending. It has underperformed by 50.68% the S&P500.

Broadway Financial Corporation operates as the holding firm for Broadway Federal Bank, f.s.b. that provides savings and loan business services for low to moderate income communities in Southern California. The company has market cap of $35.59 million. It accepts various deposit products, such as savings accounts, checking accounts, NOW accounts, money market accounts, and fixed-term certificates of deposit. It has a 266 P/E ratio. The firm also provides loan products, including multi-family mortgage, single family mortgage, commercial real estate, church, construction, commercial, and consumer loans.

More notable recent Broadway Financial Corporation (NASDAQ:BYFC) news were published by: Businesswire.com which released: “Broadway Financial Corporation Announces Results for 1st Quarter 2018 – Business Wire” on April 30, 2018, also Businesswire.com with their article: “Broadway Financial Corporation Announces Repurchase of Shares from U.S. Treasury – Business Wire” published on December 23, 2016, Businesswire.com published: “Broadway Financial Corporation Announces Sale of Shares by U.S. Treasury to Two Southern California Based Banks – Business Wire” on June 30, 2017. More interesting news about Broadway Financial Corporation (NASDAQ:BYFC) were released by: Businesswire.com and their article: “Broadway Financial Corporation Announces Increased Profits for 3rd Quarter 2018 – Business Wire” published on November 06, 2018 as well as Businesswire.com‘s news article titled: “Broadway Federal Bank Announces Leadership Transition – Business Wire” with publication date: February 01, 2012.

Broadway Financial Corporation (NASDAQ:BYFC) Institutional Positions Chart

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