Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Sees Significant Growth in Short Interest

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 8,200 shares, a growth of 105.0% from the December 31st total of 4,000 shares. Based on an average daily trading volume, of 9,400 shares, the short-interest ratio is presently 0.9 days.

Dime Community Bancshares Stock Up 0.5 %

Shares of NASDAQ DCOMP traded up $0.10 during trading on Wednesday, hitting $20.69. 1,270 shares of the company were exchanged, compared to its average volume of 5,375. The company has a fifty day moving average price of $19.68 and a 200-day moving average price of $19.51. Dime Community Bancshares has a 12-month low of $14.86 and a 12-month high of $21.44.

Dime Community Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 13th. Stockholders of record on Thursday, February 6th will be paid a $0.3438 dividend. This represents a $1.38 annualized dividend and a dividend yield of 6.64%. The ex-dividend date of this dividend is Thursday, February 6th.

Institutional Trading of Dime Community Bancshares

An institutional investor recently raised its position in Dime Community Bancshares stock. ORG Partners LLC lifted its position in Dime Community Bancshares, Inc. (NASDAQ:DCOMP) by 109.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,150 shares of the company’s stock after buying an additional 4,250 shares during the quarter. ORG Partners LLC’s holdings in Dime Community Bancshares were worth $157,000 at the end of the most recent reporting period.

Dime Community Bancshares Company Profile

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans.