QNB Corp. (OTCMKTS:QNBC) Short Interest Update

QNB Corp. (OTCMKTS:QNBC) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totalling 300 shares, a decrease of 50.0% from the August 31st total of 600 shares. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 0.1 days.

QNB Price Performance

QNBC stock remained flat at $29.66 during midday trading on Friday. 29 shares of the company traded hands, compared to its average volume of 1,447. The company’s fifty day moving average is $29.41 and its two-hundred day moving average is $25.64. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.76 and a current ratio of 0.76. QNB has a 52 week low of $21.39 and a 52 week high of $30.00. The firm has a market capitalization of $109.15 million, a price-to-earnings ratio of 13.54 and a beta of 0.52.

QNB (OTCMKTS:QNBC) last announced its earnings results on Tuesday, July 23rd. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. QNB had a return on equity of 9.61% and a net margin of 10.28%. The firm had revenue of $12.06 million for the quarter.

QNB Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a dividend of $0.37 per share. The ex-dividend date was Friday, September 13th. This represents a $1.48 annualized dividend and a yield of 4.99%. QNB’s dividend payout ratio (DPR) is currently 67.58%.

About QNB

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.