Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Short Interest Down 41.2% in June

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totalling 1,000 shares, a decrease of 41.2% from the June 15th total of 1,700 shares. Based on an average daily volume of 6,100 shares, the short-interest ratio is currently 0.2 days.

Dime Community Bancshares Stock Up 1.1 %

DCOMP stock traded up $0.20 during mid-day trading on Friday, reaching $17.64. 4,092 shares of the company traded hands, compared to its average volume of 8,123. Dime Community Bancshares has a 52-week low of $14.26 and a 52-week high of $19.10. The company has a fifty day moving average price of $17.41 and a 200-day moving average price of $17.34.

Dime Community Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Wednesday, May 8th were paid a dividend of $0.3438 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $1.38 annualized dividend and a yield of 7.79%.

About Dime Community Bancshares

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans.