Ottawa Bancorp, Inc. (OTCMKTS:OTTW) Short Interest Update

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,900 shares, a growth of 1,800.0% from the December 15th total of 100 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 0.8 days.

Ottawa Bancorp Stock Performance

OTTW remained flat at $14.32 during midday trading on Wednesday. Ottawa Bancorp has a 1 year low of $10.82 and a 1 year high of $14.99. The business’s fifty day moving average price is $14.66 and its 200 day moving average price is $14.27. The firm has a market capitalization of $34.65 million, a PE ratio of 79.56 and a beta of 0.35. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.73.

Ottawa Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th were given a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 3.07%. The ex-dividend date was Wednesday, December 4th. Ottawa Bancorp’s dividend payout ratio (DPR) is currently 244.44%.

About Ottawa Bancorp

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.