Short Interest in Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ:DCOMG) Declines By 32.9%

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 (NASDAQ:DCOMG) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 2,948 shares, a drop of 32.9% from the January 29th total of 4,395 shares. Based on an average daily volume of 3,287 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 3,287 shares, the days-to-cover ratio is currently 0.9 days.

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 Price Performance

Shares of NASDAQ DCOMG traded down $0.25 during mid-day trading on Tuesday, hitting $26.31. 2,118 shares of the company were exchanged, compared to its average volume of 3,219. The stock has a 50 day simple moving average of $26.37 and a 200-day simple moving average of $26.33. Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 has a 1-year low of $24.25 and a 1-year high of $26.98.

Dime Community Bancshares, Inc. – 9.000% Fixed-to-Floating Rate Subordinated Notes due 2034 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a dividend of $0.5625 per share. This represents a $2.25 annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend was Wednesday, December 31st.

Dime Community Bancshares, Inc is a bank holding company headquartered in Brooklyn, New York. Through its wholly owned subsidiary, Dime Community Bank, the company provides retail and commercial banking services across the New York metropolitan area. Established in 1864, Dime has expanded from a local savings institution into a regional bank with branches serving customers in Brooklyn, Queens, Staten Island, the Bronx, Manhattan and Westchester County.

The company’s commercial banking operations focus on lending for commercial real estate, including office, retail and multi‐family residential properties, as well as construction and development financing.