Ottawa Bancorp (OTCMKTS:OTTW) Short Interest Down 69.2% in January

Ottawa Bancorp (OTCMKTS:OTTW) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 4 shares, a drop of 69.2% from the January 15th total of 13 shares. Based on an average daily trading volume, of 2,052 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,052 shares, the short-interest ratio is currently 0.0 days.

Ottawa Bancorp Price Performance

Shares of OTCMKTS:OTTW traded up $0.05 during trading on Wednesday, hitting $14.55. 1,400 shares of the company were exchanged, compared to its average volume of 910. The business’s 50 day moving average is $14.75 and its 200-day moving average is $15.19. The company has a market capitalization of $33.32 million, a P/E ratio of 20.21 and a beta of 0.06. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.41. Ottawa Bancorp has a 1-year low of $13.80 and a 1-year high of $16.09.

Ottawa Bancorp (OTCMKTS:OTTW) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $2.99 million for the quarter. Ottawa Bancorp had a return on equity of 4.26% and a net margin of 9.15%.

About Ottawa Bancorp

Ottawa Bancorp, Inc (OTCMKTS:OTTW) is the bank holding company of Ottawa Savings Bank, a community-focused financial institution headquartered in Ottawa, Ohio. Operating under a mutual holding company structure, Ottawa Bancorp emphasizes personalized service, local decision-making and reinvestment in the communities it serves.

Through Ottawa Savings Bank, the company provides a broad range of retail and commercial banking products, including checking and savings accounts, certificates of deposit, consumer lines of credit and residential mortgage loans.