Short Interest in Ottawa Bancorp (OTCMKTS:OTTW) Expands By 725.0%

Ottawa Bancorp (OTCMKTS:OTTW) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 33 shares, a growth of 725.0% from the April 15th total of 4 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,073 shares, the short-interest ratio is currently 0.0 days.

Ottawa Bancorp Stock Performance

Shares of OTTW opened at $15.25 on Thursday. Ottawa Bancorp has a 52-week low of $14.00 and a 52-week high of $16.09. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.44. The firm’s fifty day moving average is $14.69 and its two-hundred day moving average is $14.77. The stock has a market cap of $35.08 million, a PE ratio of 19.30 and a beta of 0.13.

Ottawa Bancorp (OTCMKTS:OTTW) last announced its earnings results on Tuesday, April 28th. The company reported $0.26 earnings per share (EPS) for the quarter. Ottawa Bancorp had a net margin of 9.69% and a return on equity of 4.68%. The company had revenue of $3.15 million for the quarter.

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.