Consumers Bancorp, Inc. (OTCMKTS:CBKM) Sees Significant Increase in Short Interest

Consumers Bancorp, Inc. (OTCMKTS:CBKM) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 200 shares, a growth of 100.0% from the September 30th total of 100 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is presently 0.1 days.

Consumers Bancorp Price Performance

OTCMKTS:CBKM remained flat at $18.90 during trading hours on Friday. 774 shares of the company were exchanged, compared to its average volume of 1,832. The firm’s 50-day moving average price is $17.64 and its 200-day moving average price is $16.96. Consumers Bancorp has a one year low of $15.02 and a one year high of $18.90.

Consumers Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Monday, August 26th were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Monday, August 26th. This is a boost from Consumers Bancorp’s previous quarterly dividend of $0.18. This represents a $0.76 annualized dividend and a yield of 4.02%. Consumers Bancorp’s dividend payout ratio is currently 44.08%.

Consumers Bancorp Company Profile

Consumers Bancorp, Inc operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium-sized businesses. The company accepts various deposit products, such as checking, savings, certificates of deposit, and individual retirement accounts.