QNB Corp. (OTCMKTS:QNBC) Sees Large Decrease in Short Interest

QNB Corp. (OTCMKTS:QNBC) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 64 shares, a decline of 97.5% from the March 31st total of 2,514 shares. Based on an average daily volume of 4,730 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

QNB Price Performance

QNBC traded up $0.75 during trading on Friday, hitting $45.00. The company’s stock had a trading volume of 225 shares, compared to its average volume of 2,891. The firm’s 50 day moving average price is $39.79 and its two-hundred day moving average price is $36.98. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.30. QNB has a 12 month low of $32.16 and a 12 month high of $46.00. The stock has a market capitalization of $223.65 million, a price-to-earnings ratio of 11.94 and a beta of 0.39.

QNB (OTCMKTS:QNBC) last issued its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $1.22 earnings per share (EPS) for the quarter. QNB had a return on equity of 12.77% and a net margin of 14.15%.The firm had revenue of $15.92 million during the quarter.

QNB Company Profile

QNB Corp. is a regional financial holding company headquartered in Quakertown, Pennsylvania, operating through its principal subsidiary, QNB Bank. The bank delivers a comprehensive range of banking and financial services to individuals, small and medium-sized businesses, and institutional clients. Its core offerings include deposit products, treasury management, consumer and commercial lending, and specialized credit solutions tailored to local market needs.

Founded in 1877 as Quakertown National Bank, QNB has grown organically and through selective acquisitions to establish a branch network across southeastern Pennsylvania, northern Delaware and parts of New Jersey.