West Coast Community Bancorp (OTCMKTS:SCZC) Short Interest Down 85.7% in October

West Coast Community Bancorp (OTCMKTS:SCZC) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 100 shares, a drop of 85.7% from the September 30th total of 700 shares. Based on an average daily trading volume, of 13,000 shares, the days-to-cover ratio is presently 0.0 days.

West Coast Community Bancorp Price Performance

OTCMKTS:SCZC traded down $0.10 during trading hours on Friday, hitting $38.25. The company’s stock had a trading volume of 7,249 shares, compared to its average volume of 6,681. The stock has a fifty day simple moving average of $39.04 and a 200-day simple moving average of $35.45. The company has a market capitalization of $322.75 million, a P/E ratio of 9.09 and a beta of 0.77. West Coast Community Bancorp has a twelve month low of $24.62 and a twelve month high of $40.00.

West Coast Community Bancorp (OTCMKTS:SCZC) last released its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $1.00 earnings per share for the quarter. The business had revenue of $21.27 million during the quarter.

West Coast Community Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Tuesday, November 5th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, November 5th. This is a positive change from West Coast Community Bancorp’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a yield of 1.88%. West Coast Community Bancorp’s dividend payout ratio (DPR) is 17.10%.

West Coast Community Bancorp Company Profile

West Coast Community Bancorp operates as the bank holding company for Santa Cruz County Bank that provides a range of commercial and personal banking services to residents and businesses in the United States. It offers checking, savings, money market, certificate of deposits, and health savings accounts; and individual retirement account and retirement plans.