Ottawa Bancorp (OTCMKTS:OTTW) Stock Short Interest Drops 67.5%

Ottawa Bancorp (OTCMKTS:OTTW) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 13 shares, a decrease of 67.5% from the September 30th total of 40 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 11,457 shares, the short-interest ratio is presently 0.0 days.

Ottawa Bancorp Price Performance

Ottawa Bancorp stock opened at $19.18 on Thursday. The stock has a market capitalization of $44.11 million, a P/E ratio of 19.18 and a beta of 0.14. The company’s fifty day moving average price is $18.84 and its 200 day moving average price is $15.97. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.12 and a current ratio of 1.12. Ottawa Bancorp has a 1 year low of $14.00 and a 1 year high of $19.23.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc is a bank holding company headquartered in Ottawa, Illinois. Through its subsidiary, Ottawa Savings Bank, the company provides banking and financial services to individuals, families, businesses and organizations in its local service area.

Ottawa Savings Bank offers deposit products such as checking, savings and time deposit accounts, along with lending services that may include residential mortgages, home equity loans, commercial real estate and business loans, and consumer financing.