Short Interest in Consumers Bancorp, Inc. (OTCMKTS:CBKM) Declines By 50.0%

Consumers Bancorp, Inc. (OTCMKTS:CBKM) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 50.0% from the February 28th total of 200 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 0.0 days.

Consumers Bancorp Price Performance

Shares of OTCMKTS CBKM opened at $19.64 on Friday. The stock has a 50 day moving average price of $19.25 and a 200 day moving average price of $18.81. Consumers Bancorp has a 52 week low of $15.55 and a 52 week high of $20.03.

Consumers Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.87%. The ex-dividend date was Monday, February 24th. Consumers Bancorp’s payout ratio is presently 44.08%.

About Consumers Bancorp

Consumers Bancorp, Inc operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium-sized businesses. The company accepts various deposit products, such as checking, savings, certificates of deposit, and individual retirement accounts.