United Bancorp, Inc. (NASDAQ:UBCP) Short Interest Up 23.8% in December

United Bancorp, Inc. (NASDAQ:UBCP) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 7,800 shares, a growth of 23.8% from the December 15th total of 6,300 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is currently 1.0 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Trading of United Bancorp

Several large investors have recently modified their holdings of UBCP. BBR Partners LLC bought a new position in United Bancorp during the 3rd quarter valued at approximately $131,000. Dimensional Fund Advisors LP raised its holdings in shares of United Bancorp by 8.4% during the second quarter. Dimensional Fund Advisors LP now owns 33,376 shares of the financial services provider’s stock valued at $419,000 after acquiring an additional 2,575 shares in the last quarter. Tallon Kerry Patrick purchased a new stake in United Bancorp in the fourth quarter worth $584,000. Finally, Commonwealth Financial Services LLC lifted its stake in United Bancorp by 1.1% in the third quarter. Commonwealth Financial Services LLC now owns 90,209 shares of the financial services provider’s stock worth $1,183,000 after acquiring an additional 988 shares during the period. 15.42% of the stock is owned by institutional investors.

United Bancorp Stock Up 0.6 %

Shares of NASDAQ UBCP opened at $12.72 on Friday. The firm’s fifty day moving average is $13.21 and its 200 day moving average is $12.75. United Bancorp has a 52 week low of $11.40 and a 52 week high of $15.50. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.51. The company has a market cap of $73.65 million, a price-to-earnings ratio of 9.22 and a beta of 0.40.

United Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 10th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 5.66%. This is an increase from United Bancorp’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Tuesday, December 10th. United Bancorp’s dividend payout ratio is 52.17%.

United Bancorp Company Profile

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.