Consumers Bancorp, Inc. (OTCMKTS:CBKM) Sees Large Increase in Short Interest

Consumers Bancorp, Inc. (OTCMKTS:CBKM) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 200 shares, an increase of 100.0% from the September 30th total of 100 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 0.1 days.

Consumers Bancorp Stock Performance

Consumers Bancorp stock remained flat at $18.90 during trading hours on Friday. 774 shares of the company’s stock were exchanged, compared to its average volume of 1,832. Consumers Bancorp has a 52 week low of $15.02 and a 52 week high of $18.90. The business’s fifty day moving average price is $17.64 and its 200 day moving average price is $16.97.

Consumers Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Monday, August 26th were given a dividend of $0.19 per share. The ex-dividend date was Monday, August 26th. This is an increase from Consumers Bancorp’s previous quarterly dividend of $0.18. This represents a $0.76 dividend on an annualized basis and a yield of 4.02%. Consumers Bancorp’s dividend payout ratio is presently 44.08%.

About Consumers Bancorp

Consumers Bancorp, Inc operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium-sized businesses. The company accepts various deposit products, such as checking, savings, certificates of deposit, and individual retirement accounts.