Freedom Financial Holdings, Inc. (OTCMKTS: FDVA – Get Rating) benefited from a sharp drop in short-term interest rates in May. As of May 15, there was short interest totaling 200 shares, down 60.0% from the total of 500 shares as of April 30. Based on an average trading volume of 2,700 shares, the short-term interest rate ratio is currently 0.1 day.

Shares of FDVA rose $0.04 during Friday trading hours, hitting $14.15. The company had a trading volume of 400 shares, compared to its average volume of 3,782. The company’s fifty-day moving average price is $14.16 and its two-hundred-day moving average price is 13. $80. Freedom Financial has a 1-year low of $11.56 and a 1-year high of $16.00. The company has a market capitalization of $93.62 million and a PE ratio of 9.43.

About Freedom Financial (Get a rating)

Freedom Financial Holdings, Inc. operates as a bank holding company for Freedom Bank of Virginia which provides commercial, personal and mortgage banking solutions. The company offers personal and business checking accounts, business interest-bearing savings accounts, money market accounts, personal savings accounts, certificates of deposit and IRAs, as well as funds transfer services insured and certificate of deposit.

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