Short Interest in United Bancorp, Inc. (NASDAQ:UBCP) Declines By 40.5%

United Bancorp, Inc. (NASDAQ:UBCP) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 5,000 shares, a decrease of 40.5% from the March 31st total of 8,400 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is presently 1.3 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of United Bancorp

Several large investors have recently added to or reduced their stakes in UBCP. Founders Financial Alliance LLC grew its holdings in shares of United Bancorp by 26.0% during the fourth quarter. Founders Financial Alliance LLC now owns 32,053 shares of the financial services provider’s stock valued at $412,000 after buying an additional 6,622 shares in the last quarter. Vantage Financial Partners LLC lifted its stake in United Bancorp by 26.4% in the 4th quarter. Vantage Financial Partners LLC now owns 44,270 shares of the financial services provider’s stock worth $564,000 after acquiring an additional 9,258 shares in the last quarter. Finally, Wesbanco Bank Inc. lifted its stake in United Bancorp by 90.4% in the 1st quarter. Wesbanco Bank Inc. now owns 47,083 shares of the financial services provider’s stock worth $681,000 after acquiring an additional 22,357 shares in the last quarter. 15.42% of the stock is owned by institutional investors and hedge funds.

United Bancorp Trading Down 0.7 %

NASDAQ:UBCP opened at $12.80 on Friday. The stock has a fifty day simple moving average of $12.92 and a 200 day simple moving average of $11.99. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.55. The firm has a market capitalization of $72.97 million, a price-to-earnings ratio of 8.15 and a beta of 0.36. United Bancorp has a 1-year low of $9.70 and a 1-year high of $15.50.

United Bancorp (NASDAQ:UBCP) last announced its earnings results on Tuesday, February 6th. The financial services provider reported $0.42 EPS for the quarter. The company had revenue of $7.53 million during the quarter. United Bancorp had a net margin of 21.88% and a return on equity of 15.32%.

United Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Monday, June 10th will be given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 5.47%. The ex-dividend date is Monday, June 10th. United Bancorp’s payout ratio is 44.59%.

About United Bancorp

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It provides range of banking and financial services, which includes accepting demand, savings, and time deposits; and offers commercial, real estate and consumer loans.