First Northwest BanCorp (NASDAQ:FNWB) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 55,300 shares, a decline of 35.5% from the June 15th total of 85,800 shares. Based on an average daily trading volume, of 9,900 shares, the short-interest ratio is currently 5.6 days. Approximately 0.6% of the shares of the stock are short sold.

NASDAQ:FNWB traded up $0.10 on Friday, reaching $16.20. The stock had a trading volume of 7,992 shares, compared to its average volume of 9,157. The stock has a market cap of $176.91 million, a P/E ratio of 20.91 and a beta of 0.50. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.78. The stock’s fifty day simple moving average is $16.21. First Northwest BanCorp has a 12-month low of $13.56 and a 12-month high of $16.98.

First Northwest BanCorp (NASDAQ:FNWB) last released its earnings results on Thursday, April 25th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $10.85 million for the quarter. First Northwest BanCorp had a net margin of 14.65% and a return on equity of 4.51%.

FNWB has been the topic of a number of recent analyst reports. ValuEngine raised shares of Yelp from a “sell” rating to a “hold” rating in a research note on Wednesday, April 3rd. TheStreet lowered shares of Trinity Industries from a “b” rating to a “c” rating in a report on Thursday, April 25th.

A number of large investors have recently added to or reduced their stakes in the business. Private Capital Management LLC lifted its stake in shares of First Northwest BanCorp by 8.0% during the first quarter. Private Capital Management LLC now owns 721,918 shares of the financial services provider’s stock valued at $11,240,000 after acquiring an additional 53,453 shares during the period. Pacific Ridge Capital Partners LLC lifted its stake in shares of First Northwest BanCorp by 18.2% during the first quarter. Pacific Ridge Capital Partners LLC now owns 189,362 shares of the financial services provider’s stock valued at $2,948,000 after acquiring an additional 29,099 shares during the period. Context BH Capital Management LP lifted its stake in shares of First Northwest BanCorp by 65.8% during the first quarter. Context BH Capital Management LP now owns 133,936 shares of the financial services provider’s stock valued at $2,085,000 after acquiring an additional 53,145 shares during the period. O Shaughnessy Asset Management LLC lifted its stake in shares of First Northwest BanCorp by 7,083.3% during the first quarter. O Shaughnessy Asset Management LLC now owns 7,758 shares of the financial services provider’s stock valued at $121,000 after acquiring an additional 7,650 shares during the period. Finally, BNP Paribas Arbitrage SA lifted its stake in shares of First Northwest BanCorp by 528.5% during the first quarter. BNP Paribas Arbitrage SA now owns 1,942 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 1,633 shares during the period. Institutional investors own 48.77% of the company’s stock.

About First Northwest BanCorp

First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, transaction accounts, and certificates of deposit.

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