Short Interest in United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) Drops By 87.3%

United Bancorporation of Alabama, Inc. (OTCMKTS:UBABGet Free Report) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 135 shares, a decrease of 87.3% from the April 15th total of 1,060 shares. Based on an average trading volume of 2,877 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

United Bancorporation of Alabama Stock Performance

Shares of UBAB stock remained flat at $53.00 during mid-day trading on Wednesday. The stock had a trading volume of 2,500 shares, compared to its average volume of 1,242. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 0.91. United Bancorporation of Alabama has a twelve month low of $48.70 and a twelve month high of $57.00. The firm has a market capitalization of $161.65 million, a P/E ratio of 9.46 and a beta of 0.46. The firm’s 50-day moving average is $51.09 and its 200-day moving average is $52.29.

United Bancorporation of Alabama (OTCMKTS:UBABGet Free Report) last issued its earnings results on Thursday, April 30th. The company reported $1.80 EPS for the quarter, beating the consensus estimate of $1.29 by $0.51. United Bancorporation of Alabama had a net margin of 22.47% and a return on equity of 13.68%. The company had revenue of $19.37 million during the quarter, compared to analysts’ expectations of $22.50 million. Research analysts anticipate that United Bancorporation of Alabama will post 5.35 EPS for the current year.

About United Bancorporation of Alabama

(Get Free Report)

United Bancorporation of Alabama, Inc is a bank holding company headquartered in Mobile, Alabama, operating primarily through its wholly owned subsidiary, United Bank. As a community-oriented financial institution, the company focuses on serving individual consumers, small to mid-sized businesses, and municipal clients across Alabama’s Gulf Coast region. Its branch network and digital platforms provide access to a range of traditional banking services.

The company’s core offerings include demand and savings deposit accounts, money market accounts and certificates of deposit designed for both personal and business customers.

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