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

United Bancorp, Inc. (NASDAQ:UBCP) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 9,200 shares, a growth of 24.3% from the January 31st total of 7,400 shares. Based on an average daily volume of 6,800 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.2% of the company’s shares are sold short.

United Bancorp Stock Up 0.4 %

Shares of NASDAQ:UBCP opened at $13.30 on Thursday. The firm has a market capitalization of $76.99 million, a PE ratio of 10.47 and a beta of 0.40. The business has a 50 day simple moving average of $13.05 and a two-hundred day simple moving average of $12.93. United Bancorp has a 1 year low of $11.40 and a 1 year high of $15.50. 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) last posted its quarterly earnings data 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 business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Monday, March 10th will be issued a $0.1825 dividend. The ex-dividend date is Monday, March 10th. This is a boost from United Bancorp’s previous quarterly dividend of $0.18. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.49%. United Bancorp’s dividend payout ratio is presently 57.48%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in UBCP. Dimensional Fund Advisors LP boosted its position in 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 valued at $528,000 after buying an additional 2,125 shares during the period. Founders Financial Alliance LLC boosted its holdings 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 valued at $476,000 after purchasing an additional 3,633 shares during the period. Northern Trust Corp grew its stake in 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 purchasing an additional 7,264 shares in the last quarter. BBR Partners LLC bought a new position in United Bancorp in the third quarter worth approximately $131,000. Finally, Wesbanco Bank Inc. increased its holdings 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 worth $547,000 after purchasing an additional 14,550 shares during the period. Hedge funds and other institutional investors own 15.42% of the company’s stock.

About United Bancorp

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.