Ottawa Bancorp (OTCMKTS:OTTW) Shares Shorted: Short Interest Down 91.2% in September

Ottawa Bancorp (OTCMKTS:OTTW) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 77 shares, a drop of 91.2% from the August 31st total of 873 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 21,566 shares, the days-to-cover ratio is currently 0.0 days.

Ottawa Bancorp Price Performance

OTTW stock opened at $18.70 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 1.12. Ottawa Bancorp has a one year low of $14.00 and a one year high of $19.10. The stock has a market cap of $43.01 million, a PE ratio of 18.70 and a beta of 0.14. The firm has a 50 day simple moving average of $17.36 and a two-hundred day simple moving average of $15.85.

About Ottawa Bancorp

Ottawa Bancorp, Inc is a bank holding company based in Ottawa, Illinois. Through its subsidiary, Ottawa Savings Bank, the company provides community banking services to individuals, families, and businesses in the communities it serves.

Ottawa Savings Bank offers deposit products, residential mortgage loans, consumer lending, commercial real estate financing, and other business loans. Its services also include traditional transaction and savings accounts, online banking, and related financial services.

The bank has a long history of serving customers in north-central Illinois, with a presence in and around Ottawa and neighboring communities.