Ottawa Bancorp (OTCMKTS:OTTW) Shares Shorted: Short Interest Down 91.2% in September

Ottawa Bancorp (OTCMKTS:OTTW) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 77 shares, a decline of 91.2% from the August 31st total of 873 shares. Based on an average daily trading volume, of 21,566 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Ottawa Bancorp Stock Performance

OTTW stock remained flat at $18.70 during midday trading on Thursday. 4,357 shares of the company’s stock were exchanged, compared to its average volume of 7,088. The stock has a market capitalization of $43.01 million, a price-to-earnings ratio of 18.80 and a beta of 0.14. The firm has a 50 day moving average price of $17.30 and a 200-day moving average price of $15.82. Ottawa Bancorp has a 1-year low of $14.00 and a 1-year high of $19.10. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 1.12.

About Ottawa Bancorp

Ottawa Bancorp, Inc is a bank holding company based in Ottawa, Illinois. Through its subsidiary, Ottawa Savings Bank, the company provides community banking services to individuals, families, and businesses in the communities it serves.

Ottawa Savings Bank offers deposit products, residential mortgage loans, consumer lending, commercial real estate financing, and other business loans. Its services also include traditional transaction and savings accounts, online banking, and related financial services.

The bank has a long history of serving customers in north-central Illinois, with a presence in and around Ottawa and neighboring communities.