Sharp decrease in FBP’s short interest leads to decline in days-to-cover ratio

Samantha Gray

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. First Bancorp PR shares valued at $303,750 were purchased by Donald L. Kafka on Dec 03 ’25. At $20.25 per share, Donald L. Kafka acquired 15,000 shares.

Also, Donald L. Kafka purchased 1,000 shares, netting a total of over 21,970 in proceeds.

Before that, ALEMAN AURELIO had sold 50,000 shares from its account. In a trade valued at $1,114,925, the President and CEO traded First Bancorp PR shares for $22.30 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $22.27 million.

As published in a research note from Keefe Bruyette on October 27, 2025, First Bancorp PR [FBP] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $24. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in early October. As of April 09, 2025, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for FBP. Earlier on October 25, 2024, Hovde Group resumed its rating. Their recommendation was “an Outperform” for FBP stock.

Analyzing FBP Stock Performance

On last trading session, First Bancorp PR [NYSE: FBP] rose 0.53% to $21.02. The stock’s lowest price that day was $20.72, but it reached a high of $21.07 in the same session. During the last five days, there has been a drop of approximately -0.43%. Over the course of the year, First Bancorp PR shares have jumped approximately 13.93%.

Is First Bancorp PR subject to short interest?

Stocks of First Bancorp PR saw a sharp steep in short interest on 2025-12-31 dropping by -0.43 million shares to 6.04 million. Data from Yahoo Finance shows that the short interest on 2025-11-28 was 6.47 million shares. A decline of -7.08% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.99 of the overall float, the days-to-cover ratio (short ratio) decline to 4.99.

Which companies own the most shares of First Bancorp PR (FBP)?

In terms of First Bancorp PR share price expectations, FactSet research, analysts set an average price target of 24 in the next 12 months, up nearly 14.78% from the previous closing price of $20.91. Analysts anticipate First Bancorp PR stock to reach 25 by 2026, with the lowest price target being 23. In spite of this, 3 analysts ranked First Bancorp PR stock as Buy at the end of 2026. On August 26, 2024, Piper Sandler assigned a price target of “a Neutral” to the stock and resumed coverage with a $22.

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