QNB Corp. (OTCMKTS:QNBC) Short Interest Update

QNB Corp. (OTCMKTS:QNBC) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 600 shares, a growth of 20.0% from the August 15th total of 500 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is presently 0.5 days.

QNB Stock Up 1.2 %

QNBC opened at $29.67 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.31. QNB has a twelve month low of $21.39 and a twelve month high of $29.84. The stock has a market capitalization of $109.19 million, a price-to-earnings ratio of 13.55 and a beta of 0.52. The firm has a 50 day moving average price of $28.34 and a 200-day moving average price of $25.26.

QNB (OTCMKTS:QNBC) last released its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. The firm had revenue of $12.06 million for the quarter. QNB had a return on equity of 9.61% and a net margin of 10.28%.

QNB Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 4.99%. The ex-dividend date is Friday, September 13th. QNB’s dividend payout ratio (DPR) is presently 67.58%.

About QNB

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.