Landmark Bancorp, Inc. (NASDAQ:LARK) Short Interest Update

Landmark Bancorp, Inc. (NASDAQ:LARK) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 20,100 shares, a decrease of 14.5% from the November 30th total of 23,500 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 3,900 shares, the days-to-cover ratio is currently 5.2 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Landmark Bancorp in a research report on Tuesday, December 24th. They set a “hold” rating for the company.

Institutional Trading of Landmark Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in shares of Landmark Bancorp during the second quarter valued at approximately $338,000. Empowered Funds LLC boosted its position in shares of Landmark Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 670 shares in the last quarter. Finally, De Lisle Partners LLP raised its stake in Landmark Bancorp by 78.1% in the third quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock valued at $1,369,000 after buying an additional 29,637 shares during the last quarter. 25.66% of the stock is owned by hedge funds and other institutional investors.

Landmark Bancorp Price Performance

LARK stock traded up $0.15 during trading on Friday, hitting $24.22. 2,492 shares of the company’s stock traded hands, compared to its average volume of 3,511. Landmark Bancorp has a 52 week low of $17.05 and a 52 week high of $25.25. The stock has a market capitalization of $139.89 million, a price-to-earnings ratio of 11.25 and a beta of 0.47. The business has a fifty day simple moving average of $22.80 and a 200 day simple moving average of $20.95. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.80.

Landmark Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date was Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio (DPR) is 37.21%.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.