University Bancorp Inc. (OTCMKTS:UNIB) Sees Large Increase in Short Interest

University Bancorp Inc. (OTCMKTS:UNIB – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 200 shares. Based on an average trading volume of 1,320 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

University Bancorp Stock Performance

Shares of UNIB stock remained flat at $21.77 on Tuesday. 200 shares of the stock traded hands, compared to its average volume of 562. University Bancorp has a 1 year low of $16.00 and a 1 year high of $24.61. The company’s fifty day moving average price is $22.22 and its 200-day moving average price is $21.96.

University Bancorp Company Profile

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University Bancorp, Inc is a bank holding company based in Ann Arbor, Michigan. Its principal operating subsidiary is University Bank, a community bank that provides banking and financial services to individuals, families, businesses and nonprofit organizations.

University Bank offers deposit accounts, residential and commercial loans, mortgage banking and other lending services. Its activities have also included mortgage loan origination and servicing, warehouse lending and related financial services.

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