Consumers Bancorp, Inc. (OTCMKTS:CBKM) Short Interest Up 100.0% in October

Consumers Bancorp, Inc. (OTCMKTS:CBKM) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 200 shares, an increase of 100.0% from the September 30th total of 100 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 0.1 days.

Consumers Bancorp Price Performance

Shares of CBKM remained flat at $18.90 during mid-day trading on Monday. 700 shares of the stock traded hands, compared to its average volume of 1,832. Consumers Bancorp has a one year low of $15.02 and a one year high of $18.90. The stock has a 50 day moving average of $17.64 and a 200-day moving average of $16.98.

Consumers Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Monday, August 26th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.02%. This is an increase from Consumers Bancorp’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, August 26th. Consumers Bancorp’s dividend payout ratio (DPR) is 44.08%.

Consumers Bancorp Company Profile

Consumers Bancorp, Inc operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium-sized businesses. The company accepts various deposit products, such as checking, savings, certificates of deposit, and individual retirement accounts.