Short Interest in Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Drops By 44.9%

Posted by Hayley Millar on Mar 4th, 2025

Dime Community Bancshares, Inc. (NASDAQ:DCOMP – Get Free Report) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 3,800 shares, a drop of 44.9% from the January 31st total of 6,900 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is presently 0.4 days.

Dime Community Bancshares Stock Performance

Shares of NASDAQ:DCOMP opened at $19.40 on Tuesday. The business has a 50 day simple moving average of $19.65 and a two-hundred day simple moving average of $19.68. Dime Community Bancshares has a 1 year low of $16.05 and a 1 year high of $21.44.

Dime Community Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Thursday, February 6th were paid a dividend of $0.3438 per share. This represents a $1.38 dividend on an annualized basis and a dividend yield of 7.09%. The ex-dividend date was Thursday, February 6th.

Institutional Investors Weigh In On Dime Community Bancshares

A hedge fund recently raised its stake in Dime Community Bancshares stock. ORG Partners LLC grew its position in Dime Community Bancshares, Inc. (NASDAQ:DCOMP – Free Report) by 109.0% in the 4th quarter, according to its most recent 13F 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.

About Dime Community Bancshares

(Get Free Report)

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.