Landmark Bancorp, Inc. (NASDAQ:LARK) Short Interest Update

Landmark Bancorp, Inc. (NASDAQ:LARK - Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 22,400 shares, a drop of 5.1% from the September 30th total of 23,600 shares. Approximately 0.6% of the company's shares are short sold. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 11.2 days.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Landmark Bancorp in a research report on Tuesday. They set a "hold" rating on the stock.

Landmark Bancorp Trading Up 4.9 %

Shares of Landmark Bancorp stock traded up $0.98 during trading on Thursday, hitting $21.02. The stock had a trading volume of 3,075 shares, compared to its average volume of 2,945. The stock has a market cap of $115.06 million, a PE ratio of 9.57 and a beta of 0.44. Landmark Bancorp has a 12 month low of $15.71 and a 12 month high of $21.78. The firm's fifty day simple moving average is $20.31 and its 200-day simple moving average is $19.76. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.80 and a quick ratio of 0.80.

Landmark Bancorp (NASDAQ:LARK - Get Free Report) last announced its earnings results on Monday, August 5th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter. Landmark Bancorp had a return on equity of 9.20% and a net margin of 13.59%. The business had revenue of $14.69 million during the quarter.

Landmark Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were given a $0.21 dividend. The ex-dividend date was Wednesday, August 21st. This represents a $0.84 annualized dividend and a yield of 4.00%. Landmark Bancorp's dividend payout ratio (DPR) is 39.62%.

Hedge Funds Weigh In On Landmark Bancorp

Institutional investors have recently modified their holdings of the stock. Empowered Funds LLC grew its stake in Landmark Bancorp by 7.8% in the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider's stock worth $232,000 after purchasing an additional 875 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Landmark Bancorp in the second quarter worth about $338,000. Finally, CGN Advisors LLC bought a new position in Landmark Bancorp during the 2nd quarter worth about $202,000. 25.66% of the stock is owned by hedge funds and other institutional investors.

About Landmark Bancorp

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.