Community Bancorp (OTCMKTS:CMTV) Sees Significant Drop in Short Interest

Community Bancorp (OTCMKTS:CMTV) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a drop of 66.7% from the October 15th total of 300 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 0.2 days.

Community Bancorp Price Performance

CMTV remained flat at $16.32 during midday trading on Tuesday. The company’s stock had a trading volume of 75 shares, compared to its average volume of 1,729. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.14. The company has a market cap of $91.07 million, a PE ratio of 7.29 and a beta of 0.33. The firm has a 50 day moving average price of $16.45 and a two-hundred day moving average price of $16.01. Community Bancorp has a fifty-two week low of $14.31 and a fifty-two week high of $20.00.

Community Bancorp (OTCMKTS:CMTV) last posted its quarterly earnings results on Wednesday, August 14th. The financial services provider reported $0.49 earnings per share for the quarter. The firm had revenue of $9.87 million during the quarter. Community Bancorp had a net margin of 21.48% and a return on equity of 14.53%.

Community Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th were paid a $0.24 dividend. The ex-dividend date was Tuesday, October 15th. This is a positive change from Community Bancorp’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a yield of 5.88%. Community Bancorp’s payout ratio is currently 42.86%.

About Community Bancorp

Community Bancorp. operates as the bank holding company for Community National Bank that provides financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as standby letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, card processing, and remote deposit capture.