United Bancorp, Inc. (NASDAQ:UBCP) Short Interest Down 16.7% in July

United Bancorp, Inc. (NASDAQ:UBCP) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 4,500 shares, a decline of 16.7% from the June 30th total of 5,400 shares. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.1% of the shares of the company are short sold.

United Bancorp Price Performance

Shares of NASDAQ UBCP opened at $12.66 on Monday. The firm has a market capitalization of $75.33 million, a P/E ratio of 7.96 and a beta of 0.41. United Bancorp has a one year low of $9.70 and a one year high of $15.50. The company’s fifty day moving average is $12.31 and its two-hundred day moving average is $12.48. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.79 and a current ratio of 0.79.

United Bancorp (NASDAQ:UBCP) last issued its earnings results on Thursday, May 9th. The financial services provider reported $0.35 EPS for the quarter. The company had revenue of $6.98 million for the quarter. United Bancorp had a net margin of 21.47% and a return on equity of 15.23%.

Insider Buying and Selling at United Bancorp

In other news, CEO Scott A. Everson acquired 2,092 shares of the company’s stock in a transaction on Friday, June 21st. The shares were bought at an average cost of $12.33 per share, with a total value of $25,794.36. Following the purchase, the chief executive officer now owns 159,051 shares of the company’s stock, valued at approximately $1,961,098.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have bought 4,310 shares of company stock valued at $53,044. 11.71% of the stock is owned by company insiders.

Institutional Investors Weigh In On United Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in the business. Wesbanco Bank Inc. boosted its position in shares of United Bancorp by 90.4% in the 1st quarter. Wesbanco Bank Inc. now owns 47,083 shares of the financial services provider’s stock worth $681,000 after buying an additional 22,357 shares in the last quarter. Founders Financial Alliance LLC boosted its position in shares of United Bancorp by 26.0% in the 4th quarter. Founders Financial Alliance LLC now owns 32,053 shares of the financial services provider’s stock worth $412,000 after buying an additional 6,622 shares in the last quarter. Finally, Vantage Financial Partners LLC boosted its position in shares of United Bancorp by 26.4% in the 4th quarter. Vantage Financial Partners LLC now owns 44,270 shares of the financial services provider’s stock worth $564,000 after buying an additional 9,258 shares in the last quarter. 15.42% of the stock is currently 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.