Bank of South Carolina Co. (NASDAQ:BKSC) Short Interest Up 88.9% in August

Bank of South Carolina Co. (NASDAQ:BKSC) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 3,400 shares, a growth of 88.9% from the August 15th total of 1,800 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 2.1 days.

Bank of South Carolina Stock Performance

Shares of BKSC stock opened at $15.53 on Tuesday. Bank of South Carolina has a 1 year low of $11.48 and a 1 year high of $16.00. The stock has a fifty day moving average of $15.25 and a two-hundred day moving average of $14.43. The firm has a market capitalization of $84.15 million, a PE ratio of 12.62 and a beta of 0.30.

Bank of South Carolina Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Tuesday, July 8th were given a dividend of $0.21 per share. This is a positive change from Bank of South Carolina’s previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a dividend yield of 5.4%. Bank of South Carolina’s payout ratio is 63.16%.

Bank of South Carolina Company Profile

Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.