Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Short Interest Up 31.6% in February

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 5,000 shares, an increase of 31.6% from the February 13th total of 3,800 shares. Based on an average daily trading volume, of 9,400 shares, the days-to-cover ratio is currently 0.5 days.

Dime Community Bancshares Stock Up 0.2 %

Shares of DCOMP stock opened at $19.40 on Monday. The stock’s fifty day simple moving average is $19.65 and its 200 day simple moving average is $19.72. Dime Community Bancshares has a one year low of $16.22 and a one year high of $21.44.

Dime Community Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Thursday, February 6th were given a $0.3438 dividend. The ex-dividend date was Thursday, February 6th. This represents a $1.38 annualized dividend and a yield of 7.09%.

Hedge Funds Weigh In On Dime Community Bancshares

A hedge fund recently raised its stake in Dime Community Bancshares stock. ORG Partners LLC raised its holdings in Dime Community Bancshares, Inc. (NASDAQ:DCOMP) by 109.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,150 shares of the company’s stock after purchasing an additional 4,250 shares during the quarter. ORG Partners LLC’s holdings in Dime Community Bancshares were worth $157,000 as of its most recent SEC filing.

About Dime Community Bancshares

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.