Short Interest in Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Expands By 28.0%

Posted by Jeff Wilder on Apr 3rd, 2025

Dime Community Bancshares, Inc. (NASDAQ:DCOMP – Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 6,400 shares, a growth of 28.0% from the February 28th total of 5,000 shares. Based on an average daily volume of 8,000 shares, the days-to-cover ratio is currently 0.8 days.

Dime Community Bancshares Price Performance

NASDAQ DCOMP opened at $19.35 on Thursday. Dime Community Bancshares has a 12 month low of $16.22 and a 12 month high of $21.44. The stock has a 50 day moving average of $19.48 and a 200-day moving average of $19.77.

Dime Community Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Thursday, February 6th were paid a $0.3438 dividend. This represents a $1.38 dividend on an annualized basis and a yield of 7.11%. The ex-dividend date of this dividend was Thursday, February 6th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Dime Community Bancshares stock. ORG Partners LLC raised its holdings in shares of Dime Community Bancshares, Inc. (NASDAQ:DCOMP – Free Report) by 109.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,150 shares of the company’s stock after purchasing an additional 4,250 shares during the quarter. ORG Partners LLC’s holdings in Dime Community Bancshares were worth $157,000 at the end of the most recent reporting period.

Dime Community Bancshares Company Profile

(Get Free Report)

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans.