Short Interest in Ottawa Bancorp, Inc. (OTCMKTS:OTTW) Drops By 50.0%

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) saw a significant decrease in short interest in October. As of October 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the September 30th total of 200 shares. Based on an average daily trading volume, of 9,100 shares, the short-interest ratio is currently 0.0 days.

Ottawa Bancorp Trading Down 1.0 %

Shares of OTCMKTS:OTTW traded down $0.15 during midday trading on Friday, reaching $14.75. The company had a trading volume of 5,100 shares, compared to its average volume of 3,336. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.15 and a current ratio of 1.15. Ottawa Bancorp has a 1-year low of $10.55 and a 1-year high of $14.95. The firm has a market cap of $37.38 million, a price-to-earnings ratio of 24.58 and a beta of 0.36. The company has a fifty day simple moving average of $14.48 and a two-hundred day simple moving average of $13.00.

Ottawa Bancorp (OTCMKTS:OTTW) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($0.08) earnings per share for the quarter. Ottawa Bancorp had a net margin of 4.46% and a return on equity of 1.81%. The company had revenue of $2.51 million during the quarter.

Ottawa Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 18th. Investors of record on Wednesday, September 4th were given a $0.11 dividend. The ex-dividend date was Wednesday, September 4th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.98%. Ottawa Bancorp’s dividend payout ratio (DPR) is 73.33%.

About Ottawa Bancorp

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.