United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) Sees Large Increase in Short Interest

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 900 shares, a growth of 200.0% from the May 31st total of 300 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is currently 0.4 days.

United Bancorporation of Alabama Trading Up 1.4 %

United Bancorporation of Alabama stock traded up $0.64 during trading hours on Friday, reaching $48.15. The company had a trading volume of 997 shares, compared to its average volume of 1,385. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.95 and a quick ratio of 0.95. The company has a 50-day moving average price of $45.85 and a 200 day moving average price of $42.95. The firm has a market cap of $170.93 million, a price-to-earnings ratio of 5.51 and a beta of 0.42. United Bancorporation of Alabama has a 12-month low of $36.00 and a 12-month high of $49.99.

United Bancorporation of Alabama (OTCMKTS:UBAB) last announced its quarterly earnings results on Friday, April 26th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.71 by $0.04. The business had revenue of $17.30 million for the quarter, compared to analysts’ expectations of $17.93 million. United Bancorporation of Alabama had a return on equity of 27.14% and a net margin of 34.65%. Equities analysts forecast that United Bancorporation of Alabama will post 6.88 earnings per share for the current year.

About United Bancorporation of Alabama

United Bancorporation of Alabama, Inc operates as the bank holding company for United Bank that provides banking services. The company offers checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, business solutions, merchant services, and cash management services.