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

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

Institutional Trading of Dime Community Bancshares

An institutional investor recently bought a new position in Dime Community Bancshares stock. ORG Partners LLC bought a new position in Dime Community Bancshares, Inc. (NASDAQ:DCOMP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,900 shares of the company’s stock, valued at approximately $79,000.

Dime Community Bancshares Trading Up 0.3 %

Shares of NASDAQ:DCOMP traded up $0.06 during trading on Tuesday, hitting $19.90. The company’s stock had a trading volume of 4,712 shares, compared to its average volume of 7,314. Dime Community Bancshares has a fifty-two week low of $14.86 and a fifty-two week high of $21.44. The stock’s 50-day moving average price is $19.58 and its two-hundred day moving average price is $19.26.

Dime Community Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 8th were paid a dividend of $0.3438 per share. This represents a $1.38 annualized dividend and a dividend yield of 6.91%. The ex-dividend date was Friday, November 8th.

About Dime Community Bancshares

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.