United Community Banks, Inc. (NASDAQ:UCBIO) Short Interest Down 75.3% in June

United Community Banks, Inc. (NASDAQ:UCBIO) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 2,100 shares, a decline of 75.3% from the May 31st total of 8,500 shares. Based on an average trading volume of 5,600 shares, the days-to-cover ratio is presently 0.4 days.

United Community Banks Stock Down 0.3 %

United Community Banks stock traded down $0.07 during trading hours on Friday, hitting $23.48. 2,014 shares of the company traded hands, compared to its average volume of 6,469. United Community Banks has a 1-year low of $20.15 and a 1-year high of $24.89. The firm’s 50-day simple moving average is $23.64 and its two-hundred day simple moving average is $23.62.

United Community Banks Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, June 15th. Investors of record on Friday, May 31st were issued a $0.4297 dividend. The ex-dividend date was Friday, May 31st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.32%.

United Community Banks Company Profile

United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts.