Consumers Bancorp, Inc. (OTCMKTS:CBKM – Get Free Report) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 100 shares, a decrease of 75.0% from the September 15th total of 400 shares. Based on an average trading volume of 2,500 shares, the short-interest ratio is presently 0.0 days.
Consumers Bancorp Stock Performance
CBKM remained flat at $17.95 during trading on Friday. The company had a trading volume of 2,004 shares, compared to its average volume of 1,763. Consumers Bancorp has a 1 year low of $15.02 and a 1 year high of $17.98. The company has a 50-day moving average of $17.39 and a 200-day moving average of $16.81.
Consumers Bancorp Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Monday, August 26th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 4.23%. This is a positive change from Consumers Bancorp’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, August 26th. Consumers Bancorp’s payout ratio is presently 44.08%.
Consumers Bancorp Company Profile
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.
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