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

Oregon Bancorp, Inc. (OTCMKTS:ORBN) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 351 shares, an increase of 104.1% from the April 30th total of 172 shares. Based on an average trading volume of 528 shares, the short-interest ratio is currently 0.7 days.

Oregon Bancorp Stock Performance

Shares of OTCMKTS:ORBN remained flat at $26.50 during midday trading on Monday. The company had a trading volume of 1 shares, compared to its average volume of 5,180. The stock’s 50-day moving average is $26.53 and its two-hundred day moving average is $25.89. Oregon Bancorp has a twelve month low of $18.30 and a twelve month high of $27.50.

About Oregon Bancorp

Oregon Bancorp, Inc operates as the bank holding company for Willamette Valley Bank that provides banking services to businesses and individuals. It operates through two segments, Community Banking and Home Mortgage Lending. The company offers checking and savings accounts, retirement accounts, and certificate of deposits, as well as debit and credit cards, cash management, money market, and digital banking services. It also provides home loans; residential construction; commercial real estate loans, such as land development, construction, retail, office, industrial, warehouse, multi-family, and SBA loans; commercial and industrial loans comprising business lines of credit, term loans, SBA and business Oregon loans, and letters of credit; and agricultural loans, including operating lines of credit, machinery and equipment financing, and farmland and real estate loans, as well as consumer loans and mortgage loans for one to fourfamily residential properties.