Short Interest in Ottawa Bancorp (OTCMKTS:OTTW) Declines By 69.2%

Ottawa Bancorp (OTCMKTS:OTTW) was the target of a large 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,052 shares, the short-interest ratio is currently 0.0 days. Based on an average 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.

Ottawa Bancorp Price Performance

Shares of OTTW stock traded up $0.05 during trading hours on Wednesday, reaching $14.55. The company’s stock had a trading volume of 1,400 shares, compared to its average volume of 910. Ottawa Bancorp has a fifty-two week low of $13.80 and a fifty-two week high of $16.09. The firm’s 50 day simple moving average is $14.75 and its 200-day simple moving average is $15.19. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $33.32 million, a price-to-earnings ratio of 20.21 and a beta of 0.06.

Ottawa Bancorp (OTCMKTS:OTTW) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.14 EPS for the quarter. The company had revenue of $2.99 million during 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.