United Bancorp, Inc. (NASDAQ:UBCP) Short Interest Update

United Bancorp, Inc. (NASDAQ:UBCP) saw a large drop in short interest in April. As of April 15th, there was short interest totalling 5,000 shares, a drop of 40.5% from the March 31st total of 8,400 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 4,000 shares, the short-interest ratio is currently 1.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UBCP. Wesbanco Bank Inc. grew its position in United Bancorp by 90.4% during the 1st quarter. Wesbanco Bank Inc. now owns 47,083 shares of the financial services provider’s stock worth $681,000 after purchasing an additional 22,357 shares during the period. Vantage Financial Partners LLC lifted its holdings in shares of United Bancorp by 26.4% in the 4th quarter. Vantage Financial Partners LLC now owns 44,270 shares of the financial services provider’s stock valued at $564,000 after buying an additional 9,258 shares during the period. Finally, Founders Financial Alliance LLC boosted its stake in shares of United Bancorp by 26.0% in the fourth quarter. Founders Financial Alliance LLC now owns 32,053 shares of the financial services provider’s stock worth $412,000 after buying an additional 6,622 shares during the last quarter. 15.42% of the stock is currently owned by institutional investors and hedge funds.

United Bancorp Trading Down 1.6 %

NASDAQ UBCP opened at $12.75 on Friday. The stock has a market cap of $72.68 million, a P/E ratio of 8.12 and a beta of 0.36. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.55. United Bancorp has a 12-month low of $9.70 and a 12-month high of $15.50. The company has a fifty day simple moving average of $12.89 and a two-hundred day simple moving average of $11.96.

United Bancorp (NASDAQ:UBCP) last announced its quarterly earnings data on Tuesday, February 6th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter. The firm had revenue of $7.53 million during the quarter. United Bancorp had a return on equity of 15.32% and a net margin of 21.88%.

United Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Monday, June 10th will be paid a $0.175 dividend. The ex-dividend date of this dividend is Monday, June 10th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.49%. United Bancorp’s payout ratio is currently 43.95%.

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. It provides range of banking and financial services, which includes accepting demand, savings, and time deposits; and offers commercial, real estate and consumer loans.