Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Sees Large Increase in Short Interest

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 6,600 shares, an increase of 560.0% from the September 15th total of 1,000 shares. Based on an average daily volume of 11,500 shares, the short-interest ratio is presently 0.6 days.

Dime Community Bancshares Stock Up 0.8 %

DCOMP traded up $0.16 during midday trading on Friday, hitting $20.29. The stock had a trading volume of 3,905 shares, compared to its average volume of 9,239. The business has a fifty day moving average of $19.38 and a 200 day moving average of $18.13. Dime Community Bancshares has a 1 year low of $14.26 and a 1 year high of $21.44.

Dime Community Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Stockholders of record on Thursday, August 8th were paid a dividend of $0.3438 per share. This represents a $1.38 dividend on an annualized basis and a dividend yield of 6.78%. The ex-dividend date of this dividend was Thursday, August 8th.

Dime Community Bancshares Company Profile

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.