Short Interest in Croghan Bancshares, Inc. (OTCMKTS:CHBH) Drops By 33.3%

Croghan Bancshares, Inc. (OTCMKTS:CHBH) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 200 shares, a decline of 33.3% from the August 31st total of 300 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 700 shares, the short-interest ratio is currently 0.3 days.

Croghan Bancshares Stock Performance

Croghan Bancshares stock opened at $50.00 on Wednesday. The company’s fifty day simple moving average is $50.19 and its 200-day simple moving average is $48.37. Croghan Bancshares has a 12 month low of $44.90 and a 12 month high of $52.00.

Croghan Bancshares Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 31st. Investors of record on Monday, October 13th will be paid a $0.59 dividend. This represents a dividend yield of 472.0%. The ex-dividend date of this dividend is Friday, October 10th. This is a boost from Croghan Bancshares’s previous dividend of $0.58. Croghan Bancshares’s dividend payout ratio (DPR) is presently 37.35%.

Croghan Bancshares Company Profile

Croghan Bancshares, Inc operates as the holding company for the Croghan Colonial Bank, a state-chartered bank that provides a range of commercial and retail banking services to individuals and business clients in Ohio. It offers personal and business checking accounts, savings accounts, and time deposit accounts, as well as safe deposit box and trust department services.