Short Interest in QNB Corp. (Uplisting) (NASDAQ:QNBC) Rises By 1,444,600.0%

QNB Corp. (Uplisting) (NASDAQ:QNBC) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 14,447 shares, a growth of 1,444,600.0% from the August 15th total of 1 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 14,339 shares, the short-interest ratio is currently 1.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on QNB Corp. (Uplisting) in a research note on Friday, August 28th. They set a “hold (c)” rating for the company. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, QNB Corp. (Uplisting) has an average rating of “Hold”.

QNB Corp. (Uplisting) Trading Down 0.6%

QNBC stock traded down $0.25 on Thursday, reaching $45.00. The company’s stock had a trading volume of 15,138 shares, compared to its average volume of 4,646. The firm has a market cap of $274.73 million, a PE ratio of 13.35 and a beta of 0.43. The business has a fifty day simple moving average of $43.96 and a two-hundred day simple moving average of $40.90. QNB Corp. has a 12-month low of $34.00 and a 12-month high of $46.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 0.84.

QNB Corp. (Uplisting) Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Friday, September 11th. QNB Corp. (Uplisting)’s dividend payout ratio (DPR) is currently 46.29%.

QNB Corp. (Uplisting) Company Profile

QNB Corp. is the bank holding company for QNB Bank, a community banking institution headquartered in Quakertown, Pennsylvania. Founded in 1877 as Quakertown National Bank, the organization provides financial services to individuals, families, businesses and nonprofit organizations.

QNB Bank offers a range of traditional banking products, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, home equity financing and commercial loans. Its services also include business banking, cash management, online and mobile banking, wealth management and trust services.

The bank primarily serves communities in southeastern Pennsylvania, including Bucks, Lehigh and Montgomery counties, through its branch network and digital banking channels.