Oregon Bancorp, Inc. (OTCMKTS:ORBN) Short Interest Down 50.0% in March

Oregon Bancorp, Inc. (OTCMKTS:ORBN) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, a decline of 50.0% from the February 28th total of 400 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 0.1 days.

Oregon Bancorp Price Performance

OTCMKTS:ORBN remained flat at $19.50 during mid-day trading on Friday. The firm has a 50 day simple moving average of $20.08 and a two-hundred day simple moving average of $21.42. Oregon Bancorp has a 12-month low of $17.50 and a 12-month high of $23.80.

Oregon Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, April 3rd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $0.80 annualized dividend and a dividend yield of 4.10%.

About Oregon Bancorp

Oregon Bancorp, Inc operates as the bank holding company for Willamette Valley Bank that provides banking services to businesses and individuals. It operates through two segments, Community Banking and Home Mortgage Lending. The company offers checking and savings accounts, retirement accounts, and certificate of deposits, as well as debit and credit cards, cash management, money market, and digital banking services.