QNB Corp. (OTCMKTS:QNBC) Short Interest Down 25.0% in January

QNB Corp. (OTCMKTS:QNBC) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 300 shares, a decline of 25.0% from the December 31st total of 400 shares. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is currently 0.1 days.

QNB Price Performance

Shares of OTCMKTS:QNBC remained flat at $33.95 during trading on Friday. The stock had a trading volume of 1 shares, compared to its average volume of 876. The company has a market capitalization of $125.62 million, a PE ratio of 10.88 and a beta of 0.50. QNB has a 52 week low of $21.39 and a 52 week high of $34.99. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.66. The stock has a 50 day simple moving average of $33.63 and a two-hundred day simple moving average of $31.22.

QNB (OTCMKTS:QNBC) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $0.83 earnings per share for the quarter. QNB had a return on equity of 11.61% and a net margin of 12.58%.

QNB Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date was Friday, December 13th. QNB’s dividend payout ratio (DPR) is 47.44%.

About QNB

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.