Consumers Bancorp, Inc. (OTCMKTS:CBKM) Sees Large Growth in Short Interest

Consumers Bancorp, Inc. (OTCMKTS:CBKM) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 700 shares, an increase of 133.3% from the March 31st total of 300 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 0.4 days.

Consumers Bancorp Price Performance

CBKM stock traded down $0.15 during midday trading on Friday, hitting $16.25. The stock had a trading volume of 3,707 shares, compared to its average volume of 1,205. The business has a 50-day moving average of $16.45 and a two-hundred day moving average of $16.59. Consumers Bancorp has a 52-week low of $14.56 and a 52-week high of $18.55.

Consumers Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, February 26th were paid a $0.18 dividend. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $0.72 annualized dividend and a yield of 4.43%. Consumers Bancorp’s payout ratio 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.