Ottawa Bancorp (OTCMKTS:OTTW) Short Interest Update

Ottawa Bancorp (OTCMKTS:OTTW) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 73 shares, a growth of 121.2% from the April 30th total of 33 shares. Based on an average trading volume of 2,321 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Ottawa Bancorp Trading Down 1.3%

Shares of OTTW traded down $0.20 during midday trading on Monday, reaching $15.10. The company had a trading volume of 16,475 shares, compared to its average volume of 810. Ottawa Bancorp has a 1-year low of $14.00 and a 1-year high of $16.09. The stock has a market cap of $34.73 million, a PE ratio of 19.11 and a beta of 0.12. The firm has a 50 day simple moving average of $14.95 and a 200-day simple moving average of $14.75. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.44.

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