Harford Bank (OTCMKTS:HFBK) Short Interest Down 50.0% in February

Harford Bank (OTCMKTS:HFBK) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the January 31st total of 200 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 0.5 days.

Harford Bank Stock Performance

Shares of Harford Bank stock traded up $0.60 during trading hours on Friday, reaching $34.15. The stock had a trading volume of 100 shares, compared to its average volume of 523. Harford Bank has a 1 year low of $31.35 and a 1 year high of $34.75. The firm has a 50 day simple moving average of $34.21 and a two-hundred day simple moving average of $34.05.

Harford Bank Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 7th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Harford Bank’s previous quarterly dividend of $0.16. Harford Bank’s dividend payout ratio (DPR) is currently 63.27%.

Harford Bank Company Profile

Harford Bank offers commercial and retail banking products and services for individuals, businesses, and governmental units in Harford County, Maryland, Cecil County, and neighboring counties. It provides various deposit services, including checking, savings, money market, certificates of deposit, and individual retirement accounts.