Short Interest in Ottawa Bancorp (OTCMKTS:OTTW) Increases By 333.3%

Ottawa Bancorp (OTCMKTS:OTTW) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 13 shares, a growth of 333.3% from the December 31st total of 3 shares. Based on an average daily volume of 514 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 514 shares, the days-to-cover ratio is currently 0.0 days.

Ottawa Bancorp Trading Down 0.7%

OTTW opened at $14.70 on Thursday. The business’s 50-day simple moving average is $14.78 and its 200-day simple moving average is $15.21. The company has a market cap of $33.66 million, a P/E ratio of 18.61 and a beta of 0.05. Ottawa Bancorp has a one year low of $13.80 and a one year high of $16.09. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.10 and a current ratio of 1.10.

Ottawa Bancorp (OTCMKTS:OTTW) last issued its earnings results on Monday, November 3rd. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $2.88 million during the quarter. Ottawa Bancorp had a net margin of 10.21% and a return on equity of 4.70%.

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.