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

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

Institutional Trading of United Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BBR Partners LLC acquired a new stake in United Bancorp during the third quarter worth $131,000. Dimensional Fund Advisors LP boosted its position in shares of United Bancorp by 8.4% during the 2nd 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. Wesbanco Bank Inc. boosted its position in shares of United Bancorp by 52.9% during the 4th quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider’s stock valued at $547,000 after acquiring an additional 14,550 shares in the last quarter. Tallon Kerry Patrick bought a new stake in United Bancorp in the fourth quarter valued at about $584,000. Finally, Commonwealth Financial Services LLC raised its position 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 purchasing an additional 988 shares in the last quarter. 15.42% of the stock is currently owned by institutional investors and hedge funds.

United Bancorp Stock Performance

United Bancorp stock traded up $0.17 on Friday, reaching $12.94. 1,553 shares of the stock were exchanged, compared to its average volume of 3,748. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51. United Bancorp has a twelve month low of $11.40 and a twelve month high of $15.50. The firm has a fifty day moving average price of $13.25 and a two-hundred day moving average price of $12.79. The stock has a market cap of $74.92 million, a PE ratio of 9.38 and a beta of 0.40.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.31 earnings per share for the quarter. United Bancorp had a return on equity of 12.56% and a net margin of 18.28%. The business had revenue of $11.16 million during the quarter.

United Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 10th were issued a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This is an increase from United Bancorp’s previous quarterly dividend of $0.18. This represents a $0.72 dividend on an annualized basis and a yield of 5.56%. 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.