Short Interest in Ottawa Bancorp (OTCMKTS:OTTW) Grows By 991.2%

Ottawa Bancorp (OTCMKTS:OTTW) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 873 shares, a growth of 991.2% from the August 15th total of 80 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 45,052 shares, the days-to-cover ratio is currently 0.0 days.

Ottawa Bancorp Stock Performance

Shares of OTTW remained flat at $18.85 during mid-day trading on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a 50-day moving average price of $16.70 and a two-hundred day moving average price of $15.54. The stock has a market cap of $43.35 million, a price-to-earnings ratio of 18.85 and a beta of 0.14. Ottawa Bancorp has a one year low of $14.00 and a one year high of $19.10.

About Ottawa Bancorp

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.