Ottawa Bancorp (OTCMKTS:OTTW) Sees Significant Drop in Short Interest

Ottawa Bancorp (OTCMKTS:OTTW) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 77 shares, a decrease of 91.2% from the August 31st total of 873 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 21,566 shares, the short-interest ratio is currently 0.0 days.

Ottawa Bancorp Stock Performance

Shares of Ottawa Bancorp stock traded up $0.08 during trading on Friday, hitting $18.78. 300 shares of the company’s stock were exchanged, compared to its average volume of 7,177. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.12 and a current ratio of 1.12. The business has a 50-day simple moving average of $17.43 and a 200-day simple moving average of $15.87. Ottawa Bancorp has a 52-week low of $14.00 and a 52-week high of $19.10. The stock has a market capitalization of $43.19 million, a price-to-earnings ratio of 18.78 and a beta of 0.14.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc is a bank holding company based in Ottawa, Illinois. Through its subsidiary, Ottawa Savings Bank, the company provides community banking services to individuals, families, and businesses in the communities it serves.

Ottawa Savings Bank offers deposit products, residential mortgage loans, consumer lending, commercial real estate financing, and other business loans. Its services also include traditional transaction and savings accounts, online banking, and related financial services.

The bank has a long history of serving customers in north-central Illinois, with a presence in and around Ottawa and neighboring communities.