Short Interest in Ottawa Bancorp, Inc. (OTCMKTS:OTTW) Rises By 1,800.0%

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 1,900 shares, an increase of 1,800.0% from the December 15th total of 100 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 0.8 days.

Ottawa Bancorp Trading Down 0.2 %

OTCMKTS OTTW traded down $0.03 on Monday, hitting $14.32. 200 shares of the stock were exchanged, compared to its average volume of 767. Ottawa Bancorp has a 52-week low of $10.82 and a 52-week high of $14.99. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market capitalization of $34.65 million, a price-to-earnings ratio of 79.56 and a beta of 0.35. The company’s 50-day moving average price is $14.67 and its two-hundred day moving average price is $14.25.

Ottawa Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend was Wednesday, December 4th. Ottawa Bancorp’s dividend payout ratio is currently 244.44%.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.