Ottawa Savings Bancorp Inc (NASDAQ:OTTW) Short Interest Update
Ottawa Savings Bancorp Inc (NASDAQ:OTTW) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 1,000 shares, an increase of 11.1% from the July 31st total of 900 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is presently 0.5 days.
NASDAQ:OTTW traded up $0.19 on Friday, reaching $12.75. 203 shares of the stock traded hands, compared to its average volume of 4,207. The company has a market capitalization of $40.38 million, a price-to-earnings ratio of 19.92 and a beta of 0.43. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35. Ottawa Savings Bancorp has a 12 month low of $12.50 and a 12 month high of $14.00. The company’s fifty day simple moving average is $12.79 and its 200 day simple moving average is $13.26.
Ottawa Savings Bancorp (NASDAQ:OTTW) last released its quarterly earnings data on Friday, August 2nd. The financial services provider reported $0.14 earnings per share for the quarter. The business had revenue of $2.89 million during the quarter. Ottawa Savings Bancorp had a net margin of 14.16% and a return on equity of 3.82%.
Separately, ValuEngine lowered shares of Ottawa Savings Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st.
About Ottawa Savings Bancorp
Ottawa Bancorp, Inc operates as the holding company for Ottawa Savings Bank, a chartered savings bank that provides various financial services to individual and corporate customers in Illinois. The company offers various deposit accounts, including checking, money market, regular savings, club savings, certificate, and various retirement accounts.
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