Gouverneur Bancorp, Inc. (OTCMKTS:GOVB) Sees Large Increase in Short Interest

Gouverneur Bancorp, Inc. (OTCMKTS:GOVBGet Free Report) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 200 shares, a growth of 100.0% from the November 30th total of 100 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 0.2 days.

Gouverneur Bancorp Price Performance

Shares of GOVB remained flat at $12.50 during mid-day trading on Friday. The company has a market capitalization of $13.84 million, a price-to-earnings ratio of 24.51 and a beta of 0.57. Gouverneur Bancorp has a 1-year low of $9.50 and a 1-year high of $13.50. The company’s 50-day moving average price is $12.17 and its 200-day moving average price is $10.91.

Gouverneur Bancorp Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, November 18th. Stockholders of record on Monday, November 4th were given a dividend of $0.08 per share. The ex-dividend date was Monday, November 4th. Gouverneur Bancorp’s dividend payout ratio (DPR) is presently 31.37%.

About Gouverneur Bancorp

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Gouverneur Bancorp, Inc operates as the holding company for Gouverneur Savings and Loan Association that provides various banking products and services to individuals and businesses in New York. It accepts passbook savings, NOW, money market deposit, and checking accounts, as well as certificates of deposit.

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