Short Interest in Oregon Bancorp, Inc. (OTCMKTS:ORBN) Decreases By 50.0%

Oregon Bancorp, Inc. (OTCMKTS:ORBNGet Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a drop 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 currently 0.1 days.

Oregon Bancorp Stock Performance

Shares of OTCMKTS:ORBN opened at $19.50 on Friday. The company has a 50 day moving average of $20.08 and a 200-day moving average of $21.42. Oregon Bancorp has a one year low of $17.50 and a one year high of $23.80.

Oregon Bancorp Dividend Announcement

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

About Oregon Bancorp

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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.

Further Reading

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