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

QNB Corp. (OTCMKTS:QNBC) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 2,961 shares, a drop of 38.2% from the January 29th total of 4,794 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 5,234 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 5,234 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are sold short.

QNB Stock Down 1.6%

Shares of QNBC opened at $37.25 on Friday. The firm has a market cap of $140.06 million, a P/E ratio of 9.88 and a beta of 0.45. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.76 and a current ratio of 0.76. QNB has a 52 week low of $32.16 and a 52 week high of $38.69. The firm’s 50-day simple moving average is $36.30 and its 200 day simple moving average is $35.60.

QNB (OTCMKTS:QNBC) last issued its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $1.22 earnings per share (EPS) for the quarter. QNB had a return on equity of 13.20% and a net margin of 14.15%.The company had revenue of $15.92 million during the quarter.

About QNB

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.