Ottawa Bancorp (OTCMKTS:OTTW) Sees Significant Drop in Short Interest

Ottawa Bancorp (OTCMKTS:OTTW) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 4 shares, a decrease of 20.0% from the February 12th total of 5 shares. Based on an average daily volume of 708 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 708 shares, the short-interest ratio is currently 0.0 days.

Ottawa Bancorp Stock Performance

OTTW opened at $14.26 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.41. The business’s 50 day moving average is $14.52 and its 200-day moving average is $15.06. The stock has a market cap of $32.66 million, a PE ratio of 19.81 and a beta of 0.06. Ottawa Bancorp has a twelve month low of $13.80 and a twelve month high of $16.09.

Ottawa Bancorp (OTCMKTS:OTTW) last posted its earnings results on Thursday, February 5th. The company reported $0.14 EPS for the quarter. The firm had revenue of $2.99 million for the quarter. Ottawa Bancorp had a return on equity of 4.26% and a net margin of 9.15%.

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.