Ottawa Bancorp, Inc. (OTCMKTS:OTTW) Short Interest Up 1,800.0% in December

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,900 shares, a growth of 1,800.0% from the December 15th total of 100 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is presently 0.8 days.

Ottawa Bancorp Price Performance

Shares of Ottawa Bancorp stock traded down $0.20 during mid-day trading on Wednesday, reaching $14.12. 300 shares of the stock were exchanged, compared to its average volume of 650. The company has a market cap of $34.17 million, a price-to-earnings ratio of 78.44 and a beta of 0.35. Ottawa Bancorp has a fifty-two week low of $10.82 and a fifty-two week high of $14.99. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.73. The firm has a 50-day simple moving average of $14.66 and a 200 day simple moving average of $14.27.

Ottawa Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date was Wednesday, December 4th. Ottawa Bancorp’s dividend payout ratio (DPR) is currently 244.44%.

About Ottawa Bancorp

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.