Ottawa Bancorp, Inc. (OTCMKTS:OTTW) Short Interest Update

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decrease of 66.7% from the March 31st total of 300 shares. Based on an average daily trading volume, of 5,900 shares, the days-to-cover ratio is presently 0.0 days.

Ottawa Bancorp Stock Down 0.4 %

Shares of OTCMKTS OTTW traded down $0.04 on Thursday, reaching $11.16. 500 shares of the company’s stock traded hands, compared to its average volume of 3,074. The business’s 50 day simple moving average is $11.13 and its two-hundred day simple moving average is $11.12. Ottawa Bancorp has a 12 month low of $9.70 and a 12 month high of $11.55. The company has a market cap of $28.46 million, a price-to-earnings ratio of 16.72 and a beta of 0.36. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.78.

Ottawa Bancorp (OTCMKTS:OTTW) last posted its quarterly earnings results on Thursday, February 15th. The company reported $0.08 earnings per share for the quarter. The company had revenue of $2.57 million for the quarter. Ottawa Bancorp had a return on equity of 4.04% and a net margin of 10.15%.

Ottawa Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Wednesday, March 6th were paid a dividend of $0.11 per share. The ex-dividend date was Tuesday, March 5th. This represents a $0.44 annualized dividend and a yield of 3.94%. Ottawa Bancorp’s dividend payout ratio is 65.67%.

About Ottawa Bancorp

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.