Oregon Bancorp, Inc. (OTCMKTS:ORBN) Sees Large Increase in Short Interest

Oregon Bancorp, Inc. (OTCMKTS:ORBN) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 300 shares, an increase of 50.0% from the March 15th total of 200 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 0.3 days.

Oregon Bancorp Stock Performance

Shares of OTCMKTS:ORBN opened at $18.75 on Friday. Oregon Bancorp has a 52-week low of $17.50 and a 52-week high of $23.80. The stock’s fifty day simple moving average is $19.45 and its 200-day simple moving average is $21.28.

Oregon Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd were paid a $0.20 dividend. The ex-dividend date was Thursday, April 3rd. This represents a $0.80 annualized dividend and a yield of 4.27%.

Oregon Bancorp Company Profile

Oregon Bancorp, Inc operates as the bank holding company for Willamette Valley Bank that provides banking services to businesses and individuals. It operates through two segments, Community Banking and Home Mortgage Lending. The company offers checking and savings accounts, retirement accounts, and certificate of deposits, as well as debit and credit cards, cash management, money market, and digital banking services.