Short Interest in Consumers Bancorp, Inc. (OTCMKTS:CBKM) Declines By 75.0%

Consumers Bancorp, Inc. (OTCMKTS:CBKM) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 75.0% from the January 31st total of 400 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is currently 0.1 days.

Consumers Bancorp Stock Performance

Shares of OTCMKTS CBKM opened at $19.35 on Friday. Consumers Bancorp has a 1 year low of $15.55 and a 1 year high of $20.01. The company’s 50-day moving average is $19.19 and its 200 day moving average is $18.52.

Consumers Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 3.93%. The ex-dividend date of this dividend is Monday, February 24th. Consumers Bancorp’s dividend payout ratio is currently 44.08%.

About Consumers Bancorp

Consumers Bancorp, Inc operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium-sized businesses. The company accepts various deposit products, such as checking, savings, certificates of deposit, and individual retirement accounts.