Short Interest in QNB Corp. (Uplisting) (NASDAQ:QNBC) Increases By 1,444,600.0%

QNB Corp. (Uplisting) (NASDAQ:QNBC) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 14,447 shares, a growth of 1,444,600.0% from the August 15th total of 1 shares. Based on an average trading volume of 14,339 shares, the short-interest ratio is currently 1.0 days. Approximately 0.3% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on QNB Corp. (Uplisting) in a research note on Friday, August 28th. They issued a “hold (c)” rating for the company. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, QNB Corp. (Uplisting) has an average rating of “Hold”.

QNB Corp. (Uplisting) Trading Down 0.6%

Shares of QNB Corp. (Uplisting) stock opened at $45.00 on Friday. QNB Corp. has a fifty-two week low of $34.00 and a fifty-two week high of $46.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market capitalization of $274.50 million, a P/E ratio of 13.35 and a beta of 0.43. The company has a fifty day moving average of $43.99 and a 200 day moving average of $40.93.

QNB Corp. (Uplisting) Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.5%. QNB Corp. (Uplisting)’s dividend payout ratio is 46.29%.

QNB Corp. (Uplisting) Company Profile

QNB Corp. is the bank holding company for QNB Bank, a community banking institution headquartered in Quakertown, Pennsylvania. Founded in 1877 as Quakertown National Bank, the organization provides financial services to individuals, families, businesses and nonprofit organizations.

QNB Bank offers a range of traditional banking products, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, home equity financing and commercial loans. Its services also include business banking, cash management, online and mobile banking, wealth management and trust services.

The bank primarily serves communities in southeastern Pennsylvania, including Bucks, Lehigh and Montgomery counties, through its branch network and digital banking channels.