Citizens Bancorp of Virginia, Inc. (OTCMKTS:CZBT) Short Interest Update

Citizens Bancorp of Virginia, Inc. (OTCMKTS:CZBT) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 300 shares, an increase of 200.0% from the May 31st total of 100 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 0.4 days.

Citizens Bancorp of Virginia Price Performance

CZBT stock remained flat at $25.40 during midday trading on Friday. The company’s fifty day moving average price is $26.38 and its two-hundred day moving average price is $27.06. Citizens Bancorp of Virginia has a 52 week low of $25.35 and a 52 week high of $31.38.

Citizens Bancorp of Virginia Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Investors of record on Monday, July 1st will be issued a $0.27 dividend. The ex-dividend date is Monday, July 1st. This represents a $1.08 annualized dividend and a yield of 4.25%. Citizens Bancorp of Virginia’s dividend payout ratio is presently 47.13%.

About Citizens Bancorp of Virginia

Citizens Bancorp of Virginia, Inc operates as the bank holding company for Citizens Bank and Trust Company that provides commercial banking products and services to businesses and individuals in the United States. It accepts checking and savings, certificates of deposit, and individual retirement accounts, as well as provides credit cards.