Oregon Bancorp, Inc. (OTCMKTS:ORBN) Sees Large Growth in Short Interest

Oregon Bancorp, Inc. (OTCMKTS:ORBN) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 200 shares, a growth of 100.0% from the September 15th total of 100 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 0.1 days.

Oregon Bancorp Stock Performance

Shares of OTCMKTS:ORBN traded down $0.26 during trading on Friday, reaching $23.00. 1,200 shares of the company were exchanged, compared to its average volume of 1,298. Oregon Bancorp has a 12-month low of $17.50 and a 12-month high of $26.53. The business’s fifty day simple moving average is $19.55 and its 200-day simple moving average is $18.87.

Oregon Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend is Tuesday, October 1st.

Oregon Bancorp Company Profile

Oregon Bancorp, Inc operates as the bank holding company for Willamette Valley Bank that provides banking services to businesses and individuals. The company offers checking and savings accounts, retirement accounts, and certificate of deposits, as well as debit cards, cash management, money market, and digital banking services.