Oregon Bancorp, Inc. (OTCMKTS:ORBN) Short Interest Update

Oregon Bancorp, Inc. (OTCMKTS:ORBN) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 680 shares, an increase of 372.2% from the November 30th total of 144 shares. Based on an average trading volume of 1,689 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 1,689 shares, the days-to-cover ratio is presently 0.4 days.

Oregon Bancorp Trading Down 2.6%

Shares of ORBN traded down $0.70 during mid-day trading on Friday, reaching $26.13. The company had a trading volume of 200 shares, compared to its average volume of 2,310. The company’s 50 day simple moving average is $23.99 and its 200 day simple moving average is $20.95. Oregon Bancorp has a 1-year low of $18.30 and a 1-year high of $27.00.

Oregon Bancorp Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, October 15th. Investors of record on Thursday, October 2nd were given a dividend of $0.20 per share. The ex-dividend date was Wednesday, October 1st. This represents a yield of 410.0%.

About Oregon Bancorp

Oregon Bancorp, Inc operates as the bank holding company for Willamette Valley Bank that provides banking services to businesses and individuals. It operates through two segments, Community Banking and Home Mortgage Lending. The company offers checking and savings accounts, retirement accounts, and certificate of deposits, as well as debit and credit cards, cash management, money market, and digital banking services. It also provides home loans; residential construction; commercial real estate loans, such as land development, construction, retail, office, industrial, warehouse, multi-family, and SBA loans; commercial and industrial loans comprising business lines of credit, term loans, SBA and business Oregon loans, and letters of credit; and agricultural loans, including operating lines of credit, machinery and equipment financing, and farmland and real estate loans, as well as consumer loans and mortgage loans for one to fourfamily residential properties.