United Bancorp, Inc. (NASDAQ:UBCP) Short Interest Update

United Bancorp, Inc. (NASDAQ:UBCP) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 9,300 shares, a decrease of 28.5% from the February 28th total of 13,000 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 7,000 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of United Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the business. Tallon Kerry Patrick purchased a new stake in shares of United Bancorp during the fourth quarter worth $584,000. Wealthedge Investment Advisors LLC bought a new stake in shares of United Bancorp during the 4th quarter valued at $258,000. Wesbanco Bank Inc. lifted its holdings in United Bancorp by 52.9% during the 4th quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider’s stock worth $547,000 after purchasing an additional 14,550 shares in the last quarter. Northern Trust Corp boosted its stake in United Bancorp by 40.2% in the 4th quarter. Northern Trust Corp now owns 25,314 shares of the financial services provider’s stock worth $329,000 after purchasing an additional 7,264 shares during the period. Finally, Founders Financial Alliance LLC grew its holdings in United Bancorp by 11.0% during the 4th quarter. Founders Financial Alliance LLC now owns 36,642 shares of the financial services provider’s stock valued at $476,000 after buying an additional 3,633 shares in the last quarter. Institutional investors own 15.42% of the company’s stock.

United Bancorp Trading Up 5.2 %

Shares of UBCP stock opened at $13.42 on Tuesday. United Bancorp has a 12-month low of $11.40 and a 12-month high of $14.94. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.51. The company has a 50 day moving average of $13.10 and a 200-day moving average of $13.08. The firm has a market cap of $80.06 million, a P/E ratio of 10.57 and a beta of 0.38.

United Bancorp (NASDAQ:UBCP) last issued its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.31 EPS for the quarter. United Bancorp had a return on equity of 11.73% and a net margin of 16.83%.

United Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Monday, March 10th were given a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a yield of 5.44%. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18. United Bancorp’s dividend payout ratio (DPR) is currently 57.48%.

About United Bancorp

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.