Ottawa Bancorp (OTCMKTS:OTTW) Short Interest Down 95.9% in May

Ottawa Bancorp (OTCMKTS:OTTW) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 3 shares, a decline of 95.9% from the May 14th total of 73 shares. Based on an average daily trading volume, of 1,163 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Ottawa Bancorp Stock Performance

OTTW stock remained flat at $15.41 during trading on Wednesday. The company had a trading volume of 1,000 shares, compared to its average volume of 1,579. The firm’s 50-day moving average price is $15.06 and its 200-day moving average price is $14.76. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market capitalization of $35.44 million, a PE ratio of 19.51 and a beta of 0.12. Ottawa Bancorp has a 12-month low of $14.00 and a 12-month high of $16.09.

Ottawa Bancorp (OTCMKTS:OTTW) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.26 earnings per share (EPS) for the quarter. The firm had revenue of $3.15 million during the quarter. Ottawa Bancorp had a return on equity of 4.68% and a net margin of 9.69%.

Ottawa Bancorp Company Profile

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.