Short Interest in Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Increases By 440.0%

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totalling 8,100 shares, a growth of 440.0% from the July 15th total of 1,500 shares. Based on an average trading volume of 9,500 shares, the short-interest ratio is currently 0.9 days.

Dime Community Bancshares Trading Up 2.9 %

Shares of DCOMP stock traded up $0.53 during trading hours on Tuesday, hitting $18.85. The stock had a trading volume of 1,189 shares, compared to its average volume of 9,335. Dime Community Bancshares has a one year low of $14.26 and a one year high of $19.75. The stock’s 50-day moving average price is $17.72 and its two-hundred day moving average price is $17.37.

Dime Community Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Thursday, August 8th will be issued a $0.3438 dividend. The ex-dividend date is Thursday, August 8th. This represents a $1.38 annualized dividend and a dividend yield of 7.29%.

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.