Short Interest in United Bancorp, Inc. (NASDAQ:UBCP) Declines By 40.5%

United Bancorp, Inc. (NASDAQ:UBCP) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 5,000 shares, a decline of 40.5% from the March 31st total of 8,400 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 4,000 shares, the short-interest ratio is presently 1.3 days.

United Bancorp Trading Down 0.7 %

UBCP stock traded down $0.10 during mid-day trading on Friday, reaching $12.80. 4,157 shares of the stock traded hands, compared to its average volume of 2,569. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.81 and a current ratio of 0.81. United Bancorp has a one year low of $9.70 and a one year high of $15.50. The stock has a market capitalization of $72.94 million, a PE ratio of 8.15 and a beta of 0.36. The business has a 50-day moving average price of $12.92 and a two-hundred day moving average price of $11.98.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings data on Tuesday, February 6th. The financial services provider reported $0.42 earnings per share for the quarter. The business had revenue of $7.53 million for the quarter. United Bancorp had a net margin of 21.88% and a return on equity of 15.32%.

United Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Monday, June 10th will be issued a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date is Monday, June 10th. United Bancorp’s payout ratio is presently 43.95%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in UBCP. Wesbanco Bank Inc. grew its holdings in shares of United Bancorp by 90.4% in the first quarter. Wesbanco Bank Inc. now owns 47,083 shares of the financial services provider’s stock worth $681,000 after purchasing an additional 22,357 shares during the last quarter. Vantage Financial Partners LLC grew its holdings in United Bancorp by 26.4% during the 4th quarter. Vantage Financial Partners LLC now owns 44,270 shares of the financial services provider’s stock worth $564,000 after acquiring an additional 9,258 shares in the last quarter. Finally, Founders Financial Alliance LLC grew its holdings in United Bancorp by 26.0% during the 4th quarter. Founders Financial Alliance LLC now owns 32,053 shares of the financial services provider’s stock worth $412,000 after acquiring an additional 6,622 shares in the last quarter. 15.42% of the stock is currently owned by institutional investors.

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. It provides range of banking and financial services, which includes accepting demand, savings, and time deposits; and offers commercial, real estate and consumer loans.