United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) Sees Large Increase in Short Interest

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a growth of 100.0% from the February 29th total of 100 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 0.2 days.

United Bancorporation of Alabama Trading Down 0.2 %

UBAB opened at $41.90 on Thursday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.89 and a quick ratio of 0.89. The company’s 50-day moving average is $41.32 and its 200 day moving average is $39.96. The firm has a market capitalization of $148.33 million, a PE ratio of 4.76 and a beta of 0.38. United Bancorporation of Alabama has a fifty-two week low of $31.25 and a fifty-two week high of $42.50.

United Bancorporation of Alabama (OTCMKTS:UBAB) last issued its quarterly earnings data on Friday, January 26th. The company reported $2.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $1.09. The business had revenue of $26.41 million during the quarter, compared to the consensus estimate of $17.89 million. United Bancorporation of Alabama had a net margin of 36.17% and a return on equity of 31.11%. As a group, research analysts predict that United Bancorporation of Alabama will post 6.88 earnings per share for the current fiscal year.

About United Bancorporation of Alabama

United Bancorporation of Alabama, Inc operates as the bank holding company for United Bank that provides banking services. The company offers checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, business solutions, merchant services, and cash management services.