Oregon Bancorp, Inc. (OTCMKTS:ORBN) Short Interest Down 50.0% in March

Oregon Bancorp, Inc. (OTCMKTS:ORBN) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a decrease of 50.0% from the February 28th total of 400 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 0.1 days.

Oregon Bancorp Stock Performance

ORBN stock remained flat at $19.50 during midday trading on Friday. The stock’s 50 day simple moving average is $20.13 and its 200-day simple moving average is $21.41. Oregon Bancorp has a twelve month low of $17.50 and a twelve month high of $23.80.

Oregon Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 3rd will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $0.80 annualized dividend and a yield of 4.10%.

About Oregon Bancorp

Oregon Bancorp, Inc operates as the bank holding company for Willamette Valley Bank that provides banking services to businesses and individuals. It operates through two segments, Community Banking and Home Mortgage Lending. The company offers checking and savings accounts, retirement accounts, and certificate of deposits, as well as debit and credit cards, cash management, money market, and digital banking services.