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

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 13,000 shares, an increase of 41.3% from the February 13th total of 9,200 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is presently 2.0 days. Currently, 0.3% of the shares of the stock are sold short.

United Bancorp Price Performance

Shares of NASDAQ UBCP traded up $0.03 during mid-day trading on Thursday, reaching $12.62. 17,401 shares of the company traded hands, compared to its average volume of 6,342. United Bancorp has a fifty-two week low of $11.40 and a fifty-two week high of $15.50. The firm has a market cap of $73.06 million, a PE ratio of 9.94 and a beta of 0.38. The stock has a fifty day simple moving average of $13.02 and a 200-day simple moving average of $13.00. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.79.

United Bancorp (NASDAQ:UBCP - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. United Bancorp had a return on equity of 11.73% and a net margin of 16.83%.

United Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Monday, March 10th will be given a $0.1825 dividend. This is a positive change from United Bancorp's previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.73 annualized dividend and a yield of 5.78%. United Bancorp's payout ratio is 57.48%.

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Hedge Funds Weigh In On United Bancorp

A number of hedge funds have recently modified their holdings of the stock. BBR Partners LLC acquired a new position in shares of United Bancorp in the 3rd quarter valued at $131,000. Wealthedge Investment Advisors LLC purchased a new stake in United Bancorp during the fourth quarter valued at about $258,000. Northern Trust Corp boosted its holdings in shares of United Bancorp by 40.2% in the fourth quarter. Northern Trust Corp now owns 25,314 shares of the financial services provider's stock worth $329,000 after buying an additional 7,264 shares during the period. Founders Financial Alliance LLC increased its position in shares of United Bancorp by 11.0% in the fourth quarter. Founders Financial Alliance LLC now owns 36,642 shares of the financial services provider's stock worth $476,000 after acquiring an additional 3,633 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of United Bancorp by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 40,956 shares of the financial services provider's stock valued at $528,000 after acquiring an additional 2,125 shares during the period. 15.42% of the stock is currently owned by institutional investors and hedge funds.

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.