Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Short Interest Update

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 8,200 shares, a growth of 105.0% from the December 31st total of 4,000 shares. Based on an average daily trading volume, of 9,400 shares, the short-interest ratio is currently 0.9 days.

Dime Community Bancshares Stock Performance

DCOMP traded up $0.10 on Wednesday, reaching $20.69. The company’s stock had a trading volume of 1,270 shares, compared to its average volume of 5,375. Dime Community Bancshares has a fifty-two week low of $14.86 and a fifty-two week high of $21.44. The stock has a 50 day moving average of $19.68 and a two-hundred day moving average of $19.51.

Dime Community Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 13th. Investors of record on Thursday, February 6th will be given a $0.3438 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 6.64%. The ex-dividend date is Thursday, February 6th.

Institutional Investors Weigh In On Dime Community Bancshares

An institutional investor recently raised its position in Dime Community Bancshares stock. ORG Partners LLC grew its position in Dime Community Bancshares, Inc. (NASDAQ:DCOMP) by 109.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,150 shares of the company’s stock after acquiring an additional 4,250 shares during the quarter. ORG Partners LLC’s holdings in Dime Community Bancshares were worth $157,000 at the end of the most recent reporting period.

Dime Community Bancshares Company Profile

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans.