University Bancorp Inc. (OTCMKTS:UNIB) Sees Significant Decline in Short Interest

University Bancorp Inc. (OTCMKTS:UNIB) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 6 shares, a drop of 94.5% from the April 30th total of 109 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 175 shares, the short-interest ratio is presently 0.0 days.

University Bancorp Stock Performance

Shares of UNIB opened at $21.50 on Thursday. The company’s 50 day simple moving average is $21.74 and its 200-day simple moving average is $20.86. University Bancorp has a 12-month low of $15.50 and a 12-month high of $24.61.

University Bancorp (OTCMKTS:UNIB) last announced its earnings results on Monday, April 20th. The company reported $999.00 earnings per share (EPS) for the quarter.

University Bancorp Company Profile

University Bancorp, Inc is the bank holding company for University National Bank, a community-focused financial institution based in Lubbock, Texas. Through its subsidiary, the company offers a range of retail and commercial banking services designed to meet the needs of individuals, businesses and non-profit organizations. University Bancorp operates under the OTCMKTS symbol UNIB, reflecting its status as an over-the-counter publicly traded entity.

The company’s core business activities include deposit products such as checking, savings and money market accounts, as well as consumer and commercial lending.