Harford Bank (OTCMKTS:HFBK) Short Interest Update

Harford Bank (OTCMKTS:HFBK) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 100 shares, a decline of 50.0% from the January 31st total of 200 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 0.5 days.

Harford Bank Stock Performance

Shares of OTCMKTS:HFBK traded up $0.60 during trading hours on Friday, hitting $34.15. 100 shares of the company’s stock traded hands, compared to its average volume of 523. The company’s fifty day simple moving average is $34.21 and its two-hundred day simple moving average is $34.03. Harford Bank has a 52 week low of $31.35 and a 52 week high of $34.75.

Harford Bank Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 7th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.81%. This is a boost from Harford Bank’s previous quarterly dividend of $0.16. The ex-dividend date is Friday, March 7th. Harford Bank’s dividend payout ratio (DPR) is presently 63.27%.

About Harford Bank

Harford Bank offers commercial and retail banking products and services for individuals, businesses, and governmental units in Harford County, Maryland, Cecil County, and neighboring counties. It provides various deposit services, including checking, savings, money market, certificates of deposit, and individual retirement accounts.