QNB Corp. (OTCMKTS:QNBC) Sees Large Decline in Short Interest

QNB Corp. (OTCMKTS:QNBCGet Free Report) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 2,376 shares, a decline of 19.8% from the February 12th total of 2,961 shares. Based on an average trading volume of 2,210 shares, the short-interest ratio is currently 1.1 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,210 shares, the short-interest ratio is currently 1.1 days.

QNB Stock Down 1.1%

QNBC traded down $0.41 during midday trading on Monday, reaching $36.95. The company’s stock had a trading volume of 300 shares, compared to its average volume of 2,562. QNB has a 1 year low of $32.16 and a 1 year high of $38.69. The stock’s 50-day moving average is $36.75 and its 200-day moving average is $35.76. The firm has a market capitalization of $138.93 million, a price-to-earnings ratio of 9.80 and a beta of 0.45. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.32.

QNB (OTCMKTS:QNBCGet Free Report) last released its earnings results on Tuesday, January 27th. The financial services provider reported $1.22 earnings per share (EPS) for the quarter. The firm had revenue of $15.92 million during the quarter. QNB had a net margin of 14.15% and a return on equity of 13.20%.

About QNB

(Get Free Report)

QNB Corp. is a regional financial holding company headquartered in Quakertown, Pennsylvania, operating through its principal subsidiary, QNB Bank. The bank delivers a comprehensive range of banking and financial services to individuals, small and medium-sized businesses, and institutional clients. Its core offerings include deposit products, treasury management, consumer and commercial lending, and specialized credit solutions tailored to local market needs.

Founded in 1877 as Quakertown National Bank, QNB has grown organically and through selective acquisitions to establish a branch network across southeastern Pennsylvania, northern Delaware and parts of New Jersey.

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