Consumers Bancorp, Inc. (OTCMKTS:CBKM) Sees Significant Drop in Short Interest

Consumers Bancorp, Inc. (OTCMKTS:CBKM) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the February 28th total of 200 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 0.0 days.

Consumers Bancorp Price Performance

Shares of OTCMKTS CBKM remained flat at $19.64 during mid-day trading on Friday. Consumers Bancorp has a 52-week low of $15.55 and a 52-week high of $20.03. The business’s 50-day simple moving average is $19.25 and its two-hundred day simple moving average is $18.80.

Consumers Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were given a $0.19 dividend. The ex-dividend date was Monday, February 24th. This represents a $0.76 annualized dividend and a yield of 3.87%. Consumers Bancorp’s dividend payout ratio (DPR) 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.