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

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totalling 6,000 shares, a decrease of 41.7% from the September 30th total of 10,300 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is presently 1.0 days.

United Bancorp Price Performance

Shares of United Bancorp stock traded down $0.02 during trading hours on Friday, hitting $13.08. The company's stock had a trading volume of 11,592 shares, compared to its average volume of 5,168. The company has a market cap of $77.83 million, a PE ratio of 8.78 and a beta of 0.41. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.80 and a current ratio of 0.80. The business has a 50 day moving average price of $12.55 and a two-hundred day moving average price of $12.45. United Bancorp has a 12-month low of $9.70 and a 12-month high of $15.50.

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

United Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Tuesday, September 10th were issued a $0.1775 dividend. This is an increase from United Bancorp's previous quarterly dividend of $0.18. This represents a $0.71 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date of this dividend was Tuesday, September 10th. United Bancorp's payout ratio is currently 47.65%.

Institutional Trading of United Bancorp

Several hedge funds have recently bought and sold shares of UBCP. Vawter Financial Ltd. bought a new stake in shares of United Bancorp in the second quarter worth about $457,000. Koss Olinger Consulting LLC bought a new stake in United Bancorp in the 2nd quarter worth approximately $293,000. Dimensional Fund Advisors LP raised its holdings 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 worth $419,000 after acquiring an additional 2,575 shares in the last quarter. Finally, Commonwealth Financial Services LLC boosted its position in shares of United Bancorp by 1.1% during the 3rd quarter. Commonwealth Financial Services LLC now owns 90,209 shares of the financial services provider's stock valued at $1,183,000 after acquiring an additional 988 shares during the last quarter. Hedge funds and other institutional investors 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.