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

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 7,700 shares, a drop of 17.2% from the March 15th total of 9,300 shares. Currently, 0.2% of the company's stock are sold short. Based on an average daily volume of 6,400 shares, the short-interest ratio is presently 1.2 days.

United Bancorp Stock Up 2.2 %

United Bancorp stock traded up $0.27 during midday trading on Wednesday, hitting $13.00. The stock had a trading volume of 1,088 shares, compared to its average volume of 6,507. The business has a fifty day moving average price of $13.13 and a 200 day moving average price of $13.10. United Bancorp has a 12 month low of $11.40 and a 12 month high of $14.78. The stock has a market cap of $77.58 million, a P/E ratio of 10.24 and a beta of 0.23. 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 announced its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.31 earnings per share for the quarter. United Bancorp had a net margin of 16.83% and a return on equity of 11.73%.

United Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Tuesday, June 10th will be given a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.69%. This is a boost from United Bancorp's previous quarterly dividend of $0.18. The ex-dividend date is Tuesday, June 10th. United Bancorp's dividend payout ratio is presently 57.48%.

Institutional Trading of United Bancorp

Several hedge funds have recently made changes to their positions in the stock. Post Resch Tallon Group Inc. lifted its stake in United Bancorp by 3.0% in the first quarter. Post Resch Tallon Group Inc. now owns 45,425 shares of the financial services provider's stock valued at $593,000 after buying an additional 1,325 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of United Bancorp by 5.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 40,956 shares of the financial services provider's stock worth $528,000 after acquiring an additional 2,125 shares during the period. Founders Financial Alliance LLC lifted its position in United Bancorp by 11.0% in the 4th quarter. Founders Financial Alliance LLC now owns 36,642 shares of the financial services provider's stock valued at $476,000 after purchasing an additional 3,633 shares during the last quarter. Northern Trust Corp boosted its stake in United Bancorp by 40.2% during the 4th quarter. Northern Trust Corp now owns 25,314 shares of the financial services provider's stock valued at $329,000 after purchasing an additional 7,264 shares during the period. Finally, Wesbanco Bank Inc. boosted its stake in United Bancorp by 52.9% during the 4th quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider's stock valued at $547,000 after purchasing an additional 14,550 shares during the period. 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.