NASB Financial, Inc. (OTCMKTS:NASB) Sees Significant Drop in Short Interest

NASB Financial, Inc. (OTCMKTS:NASB) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 2,000 shares, a decrease of 16.7% from the February 13th total of 2,400 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 5.0 days. Currently, 0.1% of the shares of the stock are sold short.

NASB Financial Price Performance

Shares of NASB Financial stock traded down $0.22 on Wednesday, hitting $36.53. The company had a trading volume of 500 shares, compared to its average volume of 936. NASB Financial has a 52 week low of $31.93 and a 52 week high of $38.90. The company has a market cap of $264.26 million, a PE ratio of 9.37 and a beta of 0.29. The business has a 50-day simple moving average of $37.09 and a 200-day simple moving average of $37.39. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.37 and a quick ratio of 1.37.

NASB Financial (OTCMKTS:NASB) last posted its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter. NASB Financial had a net margin of 17.41% and a return on equity of 7.01%.

NASB Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.74%. The ex-dividend date is Friday, March 14th. NASB Financial’s dividend payout ratio (DPR) is currently 25.64%.

About NASB Financial

NASB Financial, Inc operates as a unitary thrift holding company for North American Savings Bank, F.S.B. that provides various banking products and services in the United States. The company offers checking, savings, money market, and certificate of deposit accounts. It also mortgages and refinancing products, including conventional, veterans administration, federal housing administration, jumbo, and IRA residential real-estate loans.