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

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

United Bancorp Stock Up 0.4 %

Shares of NASDAQ UBCP opened at $13.30 on Thursday. United Bancorp has a 12-month low of $11.40 and a 12-month high of $15.50. The stock’s fifty day simple moving average is $13.05 and its two-hundred day simple moving average is $12.93. The stock has a market capitalization of $76.99 million, a PE ratio of 10.47 and a beta of 0.40. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51.

United Bancorp (NASDAQ:UBCP) last issued its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.31 earnings per share 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 company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 10th will be paid a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a dividend yield of 5.49%. The ex-dividend date is Monday, March 10th. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18. United Bancorp’s payout ratio is 57.48%.

Institutional Trading of United Bancorp

A number of institutional investors have recently made changes to their positions in the business. BBR Partners LLC acquired a new position in shares of United Bancorp during the third quarter valued at about $131,000. Northern Trust Corp grew its position in United Bancorp by 40.2% during the 4th 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 during the last quarter. Founders Financial Alliance LLC grew its position in United Bancorp by 11.0% during the 4th quarter. Founders Financial Alliance LLC now owns 36,642 shares of the financial services provider’s stock worth $476,000 after purchasing an additional 3,633 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in United Bancorp by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 40,956 shares of the financial services provider’s stock valued at $528,000 after purchasing an additional 2,125 shares in the last quarter. Finally, Wesbanco Bank Inc. raised its holdings in shares of United Bancorp by 52.9% in the fourth quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider’s stock worth $547,000 after buying an additional 14,550 shares during the last quarter. Institutional investors and hedge funds own 15.42% of the company’s stock.

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.