Ottawa Bancorp (OTCMKTS:OTTW) Sees Large Increase in Short Interest

Ottawa Bancorp (OTCMKTS:OTTW) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 73 shares, a growth of 121.2% from the April 30th total of 33 shares. Based on an average daily volume of 2,321 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Ottawa Bancorp Price Performance

OTCMKTS OTTW traded up $0.05 on Friday, hitting $15.30. 100 shares of the company were exchanged, compared to its average volume of 924. The firm has a 50 day moving average of $14.93 and a two-hundred day moving average of $14.76. The company has a market cap of $35.21 million, a P/E ratio of 19.37 and a beta of 0.13. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.44. Ottawa Bancorp has a 1-year low of $14.00 and a 1-year high of $16.09.

Ottawa Bancorp (OTCMKTS:OTTW) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.26 earnings per share (EPS) for the quarter. The business had revenue of $3.15 million for the quarter. Ottawa Bancorp had a net margin of 9.69% and a return on equity of 4.68%.

Ottawa Bancorp Company Profile

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.