West Coast Community Bancorp (OTCMKTS:SCZC) Sees Large Drop in Short Interest

West Coast Community Bancorp (OTCMKTS:SCZC) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 75.0% from the January 31st total of 400 shares. Based on an average trading volume of 15,600 shares, the days-to-cover ratio is currently 0.0 days.

West Coast Community Bancorp Price Performance

Shares of West Coast Community Bancorp stock opened at $41.22 on Friday. The firm’s fifty day simple moving average is $40.77 and its 200-day simple moving average is $40.13. The stock has a market capitalization of $435.32 million, a price-to-earnings ratio of 12.16 and a beta of 0.79. West Coast Community Bancorp has a 12 month low of $27.01 and a 12 month high of $41.95.

West Coast Community Bancorp (OTCMKTS:SCZC) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $1.32 EPS for the quarter.

West Coast Community Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Wednesday, February 5th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.84%. This is a positive change from West Coast Community Bancorp’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Wednesday, February 5th. West Coast Community Bancorp’s dividend payout ratio (DPR) is 22.42%.

West Coast Community Bancorp Company Profile

West Coast Community Bancorp operates as the bank holding company for Santa Cruz County Bank that provides a range of commercial and personal banking services to residents and businesses in the United States. It offers checking, savings, money market, certificate of deposits, and health savings accounts; and individual retirement account and retirement plans.