United Bancorp, Inc. (NASDAQ:UBCP) Short Interest Update

United Bancorp, Inc. (NASDAQ:UBCP) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 13,000 shares, a growth of 41.3% from the February 13th total of 9,200 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is currently 2.0 days.

Institutional Trading of United Bancorp

Several large investors have recently made changes to their positions in the stock. Tallon Kerry Patrick bought a new stake in shares of United Bancorp during the 4th quarter worth about $584,000. Wesbanco Bank Inc. boosted its stake in United Bancorp by 52.9% during the 4th quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider’s stock valued at $547,000 after purchasing an additional 14,550 shares during the period. Dimensional Fund Advisors LP boosted its stake in United Bancorp by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 40,956 shares of the financial services provider’s stock valued at $528,000 after purchasing an additional 2,125 shares during the period. Founders Financial Alliance LLC boosted its stake in United Bancorp by 11.0% during the 4th quarter. Founders Financial Alliance LLC now owns 36,642 shares of the financial services provider’s stock valued at $476,000 after purchasing an additional 3,633 shares during the period. Finally, Northern Trust Corp boosted its stake in United Bancorp by 40.2% during the 4th quarter. Northern Trust Corp now owns 25,314 shares of the financial services provider’s stock valued at $329,000 after purchasing an additional 7,264 shares during the period. Institutional investors own 15.42% of the company’s stock.

United Bancorp Stock Up 1.3 %

NASDAQ:UBCP opened at $13.18 on Monday. The business’s fifty day moving average price is $13.06 and its 200 day moving average price is $13.00. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51. United Bancorp has a 1-year low of $11.40 and a 1-year high of $15.50. The firm has a market capitalization of $76.30 million, a price-to-earnings ratio of 10.38 and a beta of 0.38.

United Bancorp (NASDAQ:UBCP) last issued its earnings results on Friday, February 7th. The financial services provider reported $0.31 EPS for the quarter. United Bancorp had a return on equity of 11.73% and a net margin of 16.83%.

United Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Monday, March 10th will be paid a $0.1825 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.73 dividend on an annualized basis and a yield of 5.54%. This is an increase from United Bancorp’s previous quarterly dividend of $0.18. United Bancorp’s payout ratio is 57.48%.

United Bancorp Company Profile

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.