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

United Bancorp, Inc. (NASDAQ:UBCP) saw a large growth in short interest in September. As of September 30th, there was short interest totalling 10,300 shares, a growth of 33.8% from the September 15th total of 7,700 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 6,000 shares, the short-interest ratio is currently 1.7 days.

United Bancorp Price Performance

Shares of NASDAQ UBCP traded down $0.10 during trading on Monday, hitting $13.05. 2,633 shares of the company were exchanged, compared to its average volume of 5,054. The company has a market cap of $77.65 million, a price-to-earnings ratio of 8.76 and a beta of 0.41. United Bancorp has a 1 year low of $9.70 and a 1 year high of $15.50. The firm’s fifty day moving average price is $12.39 and its 200 day moving average price is $12.52. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.80 and a quick ratio of 0.80.

United Bancorp (NASDAQ:UBCP) last released its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $7.39 million during the quarter. United Bancorp had a return on equity of 14.19% and a net margin of 19.85%.

United Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 20th. Investors of record on Tuesday, September 10th were paid a $0.1775 dividend. This is an increase from United Bancorp’s previous quarterly dividend of $0.18. The ex-dividend date was Tuesday, September 10th. This represents a $0.71 annualized dividend and a yield of 5.44%. United Bancorp’s payout ratio is presently 47.65%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Vawter Financial Ltd. acquired a new position in shares of United Bancorp during the 2nd quarter valued at about $457,000. Koss Olinger Consulting LLC acquired a new position in shares of United Bancorp during the 2nd quarter valued at about $293,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of United Bancorp by 8.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 33,376 shares of the financial services provider’s stock valued at $419,000 after acquiring an additional 2,575 shares during the last quarter. Institutional investors and hedge funds own 15.42% of the company’s stock.

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.