Ottawa Bancorp (OTCMKTS:OTTW) Short Interest Up 991.2% in August

Ottawa Bancorp (OTCMKTS:OTTW) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 873 shares, a growth of 991.2% from the August 15th total of 80 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 45,052 shares, the days-to-cover ratio is presently 0.0 days.

Ottawa Bancorp Price Performance

Shares of OTCMKTS:OTTW remained flat at $18.85 during trading on Friday. 1,200 shares of the stock were exchanged, compared to its average volume of 18,363. The company has a market cap of $43.37 million, a PE ratio of 18.85 and a beta of 0.14. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 1.12. Ottawa Bancorp has a 52 week low of $14.00 and a 52 week high of $19.10. The firm has a 50 day simple moving average of $16.77 and a 200-day simple moving average of $15.56.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc (OTCMKTS:OTTW) is the bank holding company of Ottawa Savings Bank, a community-focused financial institution headquartered in Ottawa, Ohio. Operating under a mutual holding company structure, Ottawa Bancorp emphasizes personalized service, local decision-making and reinvestment in the communities it serves.

Through Ottawa Savings Bank, the company provides a broad range of retail and commercial banking products, including checking and savings accounts, certificates of deposit, consumer lines of credit and residential mortgage loans.