United Bancorp, Inc. (NASDAQ:UBCP) Short Interest Up 23.8% in January

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 7,800 shares, an increase of 23.8% from the December 31st total of 6,300 shares. Currently, 0.2% of the company's stock are short sold. Based on an average trading volume of 7,800 shares, the days-to-cover ratio is currently 1.0 days.

United Bancorp Stock Up 3.5 %

Shares of UBCP traded up $0.44 during trading hours on Tuesday, reaching $12.94. The stock had a trading volume of 4,815 shares, compared to its average volume of 3,960. The company has a market capitalization of $74.89 million, a price-to-earnings ratio of 9.37 and a beta of 0.40. The firm has a 50-day simple moving average of $13.23 and a 200 day simple moving average of $12.79. United Bancorp has a 12 month low of $11.40 and a 12 month high of $15.50. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51.

United Bancorp (NASDAQ:UBCP - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. The business had revenue of $11.16 million during the quarter. United Bancorp had a return on equity of 12.56% and a net margin of 18.28%.

United Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 10th were given a dividend of $0.18 per share. This is a positive change from United Bancorp's previous quarterly dividend of $0.18. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date was Tuesday, December 10th. United Bancorp's dividend payout ratio (DPR) is presently 52.17%.

Hedge Funds Weigh In On United Bancorp

Institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP grew its position in United Bancorp by 8.4% during the second quarter. Dimensional Fund Advisors LP now owns 33,376 shares of the financial services provider's stock valued at $419,000 after buying an additional 2,575 shares during the period. Commonwealth Financial Services LLC boosted its stake in United Bancorp by 1.1% in the third 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. BBR Partners LLC bought a new position in shares of United Bancorp during the 3rd quarter valued at approximately $131,000. Post Resch Tallon Group Inc. purchased a new stake in shares of United Bancorp during the 4th quarter worth approximately $584,000. Finally, Wesbanco Bank Inc. raised its holdings in shares of United Bancorp by 52.9% in the 4th quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider's stock worth $547,000 after purchasing an additional 14,550 shares during the period. 15.42% of the stock is owned by institutional investors.

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.