United Bancorp, Inc. (NASDAQ:UBCP) Short Interest Update

United Bancorp, Inc. (NASDAQ:UBCP) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 13,000 shares, an increase of 41.3% from the February 13th total of 9,200 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 6,600 shares, the short-interest ratio is currently 2.0 days.

United Bancorp Trading Down 2.7 %

Shares of NASDAQ UBCP opened at $12.83 on Tuesday. United Bancorp has a 1 year low of $11.40 and a 1 year high of $15.50. The stock has a market cap of $74.27 million, a P/E ratio of 10.10 and a beta of 0.38. The firm has a 50-day moving average of $13.05 and a 200 day moving average of $13.01. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.79.

United Bancorp (NASDAQ:UBCP) last issued its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. United Bancorp had a net margin of 16.83% and a return on equity of 11.73%.

United Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 10th will be given a dividend of $0.1825 per share. This is a boost from United Bancorp’s previous quarterly dividend of $0.18. This represents a $0.73 dividend on an annualized basis and a yield of 5.69%. The ex-dividend date is Monday, March 10th. United Bancorp’s dividend payout ratio (DPR) is 57.48%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. BBR Partners LLC purchased a new position in United Bancorp in the third quarter worth about $131,000. Wealthedge Investment Advisors LLC purchased a new position in United Bancorp in the fourth quarter worth about $258,000. Northern Trust Corp raised its holdings in United Bancorp by 40.2% in the fourth quarter. Northern Trust Corp now owns 25,314 shares of the financial services provider’s stock worth $329,000 after buying an additional 7,264 shares during the last quarter. Founders Financial Alliance LLC raised its holdings in United Bancorp by 11.0% in the fourth quarter. Founders Financial Alliance LLC now owns 36,642 shares of the financial services provider’s stock worth $476,000 after buying an additional 3,633 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in United Bancorp by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 40,956 shares of the financial services provider’s stock worth $528,000 after buying an additional 2,125 shares during the last quarter. 15.42% of the stock is owned by hedge funds and other institutional investors.

United Bancorp Company Profile

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.