United Bancorp, Inc. (NASDAQ:UBCP) Short Interest Up 35.3% in November

United Bancorp, Inc. (NASDAQ:UBCP) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 6,900 shares, a growth of 35.3% from the October 31st total of 5,100 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 7,600 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. BBR Partners LLC acquired a new position in shares of United Bancorp in the 3rd quarter worth $131,000. Koss Olinger Consulting LLC acquired a new position in shares of United Bancorp in the 2nd quarter valued at $293,000. Dimensional Fund Advisors LP increased its stake in United Bancorp by 8.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 33,376 shares of the financial services provider’s stock worth $419,000 after purchasing an additional 2,575 shares in the last quarter. Vawter Financial Ltd. acquired a new stake in United Bancorp during the 2nd quarter worth about $457,000. Finally, Commonwealth Financial Services LLC lifted its stake in United Bancorp by 1.1% during the third quarter. Commonwealth Financial Services LLC now owns 90,209 shares of the financial services provider’s stock valued at $1,183,000 after buying an additional 988 shares in the last quarter. Institutional investors own 15.42% of the company’s stock.

United Bancorp Price Performance

Shares of NASDAQ:UBCP traded up $0.29 during trading hours on Friday, hitting $13.69. 2,726 shares of the company’s stock traded hands, compared to its average volume of 5,486. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.79 and a current ratio of 0.79. The company’s fifty day simple moving average is $12.99 and its two-hundred day simple moving average is $12.48. United Bancorp has a 52 week low of $10.78 and a 52 week high of $15.50. The company has a market cap of $79.25 million, a price-to-earnings ratio of 9.92 and a beta of 0.41.

United Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 10th will be given a $0.18 dividend. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $0.72 annualized dividend and a yield of 5.26%. United Bancorp’s payout ratio is 52.17%.

United Bancorp Company Profile

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.