Short Interest in United Bancorp, Inc. (NASDAQ:UBCP) Declines By 40.5%

United Bancorp, Inc. (NASDAQ:UBCP) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 5,000 shares, a decrease of 40.5% from the March 31st total of 8,400 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 4,000 shares, the short-interest ratio is currently 1.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Founders Financial Alliance LLC increased its stake in United Bancorp by 26.0% in the fourth quarter. Founders Financial Alliance LLC now owns 32,053 shares of the financial services provider’s stock valued at $412,000 after acquiring an additional 6,622 shares during the last quarter. Vantage Financial Partners LLC increased its stake in United Bancorp by 26.4% in the fourth quarter. Vantage Financial Partners LLC now owns 44,270 shares of the financial services provider’s stock valued at $564,000 after acquiring an additional 9,258 shares during the last quarter. Finally, Wesbanco Bank Inc. increased its stake in United Bancorp by 90.4% in the first quarter. Wesbanco Bank Inc. now owns 47,083 shares of the financial services provider’s stock valued at $681,000 after acquiring an additional 22,357 shares during the last quarter. Institutional investors own 15.42% of the company’s stock.

United Bancorp Price Performance

Shares of United Bancorp stock traded down $0.10 during trading on Friday, hitting $12.80. The stock had a trading volume of 4,157 shares, compared to its average volume of 2,569. The firm has a market cap of $72.94 million, a price-to-earnings ratio of 8.15 and a beta of 0.36. United Bancorp has a 12 month low of $9.70 and a 12 month high of $15.50. The business’s 50-day moving average is $12.92 and its 200 day moving average is $11.98. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.55.

United Bancorp (NASDAQ:UBCP) last released its quarterly earnings results on Tuesday, February 6th. The financial services provider reported $0.42 earnings per share for the quarter. The firm had revenue of $7.53 million for the quarter. United Bancorp had a net margin of 21.88% and a return on equity of 15.32%.

United Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Monday, June 10th will be issued a $0.175 dividend. The ex-dividend date of this dividend is Monday, June 10th. This represents a $0.70 annualized dividend and a dividend yield of 5.47%. United Bancorp’s payout ratio is currently 43.95%.

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. It provides range of banking and financial services, which includes accepting demand, savings, and time deposits; and offers commercial, real estate and consumer loans.