West Coast Community Bancorp (OTCMKTS:SCZC) Short Interest Down 75.0% in February

West Coast Community Bancorp (OTCMKTS:SCZC) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 75.0% from the January 31st total of 400 shares. Based on an average daily volume of 15,600 shares, the days-to-cover ratio is currently 0.0 days.

West Coast Community Bancorp Stock Performance

Shares of SCZC stock traded down $0.02 during mid-day trading on Friday, hitting $41.22. The company’s stock had a trading volume of 538 shares, compared to its average volume of 9,033. West Coast Community Bancorp has a 52-week low of $27.01 and a 52-week high of $41.95. The business has a 50-day moving average price of $40.78 and a 200 day moving average price of $40.11. The stock has a market cap of $435.32 million, a price-to-earnings ratio of 12.16 and a beta of 0.79.

West Coast Community Bancorp (OTCMKTS:SCZC) last posted its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $1.32 earnings per share for the quarter.

West Coast Community Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Wednesday, February 5th were paid a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $0.76 annualized dividend and a dividend yield of 1.84%. This is a boost from West Coast Community Bancorp’s previous quarterly dividend of $0.18. West Coast Community Bancorp’s payout ratio is currently 22.42%.

About West Coast Community Bancorp

West Coast Community Bancorp operates as the bank holding company for Santa Cruz County Bank that provides a range of commercial and personal banking services to residents and businesses in the United States. It offers checking, savings, money market, certificate of deposits, and health savings accounts; and individual retirement account and retirement plans.