Community Bancorp (OTCMKTS:CMTV) Sees Significant Growth in Short Interest

Community Bancorp (OTCMKTS:CMTV) was the recipient of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 200 shares, an increase of 100.0% from the July 31st total of 100 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is presently 0.1 days.

Community Bancorp Stock Performance

Shares of CMTV stock traded down $0.37 during trading on Friday, hitting $16.00. 10,311 shares of the stock traded hands, compared to its average volume of 1,753. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.15. The firm’s fifty day moving average price is $15.61 and its 200-day moving average price is $16.09. Community Bancorp has a 52-week low of $14.31 and a 52-week high of $20.00.

Community Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 1st. Stockholders of record on Monday, July 15th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 5.75%. The ex-dividend date of this dividend was Monday, July 15th.

Community Bancorp Company Profile

Community Bancorp. operates as the bank holding company for Community National Bank that provides financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as standby letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, card processing, and remote deposit capture.