Short Interest in Ottawa Bancorp (OTCMKTS:OTTW) Rises By 121.2%
by Teresa Graham · The Cerbat GemOttawa Bancorp (OTCMKTS:OTTW – Get Free Report) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 73 shares, a growth of 121.2% from the April 30th total of 33 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 2,321 shares, the days-to-cover ratio is presently 0.0 days.
Ottawa Bancorp Stock Performance
Ottawa Bancorp stock traded down $0.20 during midday trading on Tuesday, reaching $15.10. 16,475 shares of the company’s stock were exchanged, compared to its average volume of 810. Ottawa Bancorp has a 52 week low of $14.00 and a 52 week high of $16.09. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a market cap of $34.73 million, a price-to-earnings ratio of 19.11 and a beta of 0.12. The stock’s 50-day simple moving average is $14.95 and its 200 day simple moving average is $14.75.
Ottawa Bancorp (OTCMKTS:OTTW – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.26 earnings per share for the quarter. Ottawa Bancorp had a net margin of 9.69% and a return on equity of 4.68%. The company had revenue of $3.15 million during the quarter.
About Ottawa Bancorp
Ottawa Bancorp, Inc (OTCMKTS:OTTW) is the bank holding company of Ottawa Savings Bank, a community-focused financial institution headquartered in Ottawa, Ohio. Operating under a mutual holding company structure, Ottawa Bancorp emphasizes personalized service, local decision-making and reinvestment in the communities it serves.
Through Ottawa Savings Bank, the company provides a broad range of retail and commercial banking products, including checking and savings accounts, certificates of deposit, consumer lines of credit and residential mortgage loans.