Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Short Interest Update

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 8,200 shares, a growth of 105.0% from the December 15th total of 4,000 shares. Based on an average daily trading volume, of 9,400 shares, the short-interest ratio is currently 0.9 days.

Dime Community Bancshares Trading Up 2.0 %

NASDAQ DCOMP traded up $0.39 during trading on Thursday, reaching $20.37. The company’s stock had a trading volume of 10,338 shares, compared to its average volume of 7,134. The business’s fifty day moving average price is $19.56 and its 200-day moving average price is $19.29. Dime Community Bancshares has a twelve month low of $14.86 and a twelve month high of $21.44.

Dime Community Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 8th were paid a dividend of $0.3438 per share. This represents a $1.38 annualized dividend and a yield of 6.75%. The ex-dividend date of this dividend was Friday, November 8th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Dime Community Bancshares stock. ORG Partners LLC bought a new position in shares of Dime Community Bancshares, Inc. (NASDAQ:DCOMP) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,900 shares of the company’s stock, valued at approximately $79,000.

About Dime Community Bancshares

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans.