Ottawa Bancorp (OTCMKTS:OTTW) Sees Significant Drop in Short Interest

Ottawa Bancorp (OTCMKTS:OTTW) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 13 shares, a decline of 67.5% from the September 30th total of 40 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 11,457 shares, the days-to-cover ratio is currently 0.0 days.

Ottawa Bancorp Price Performance

Ottawa Bancorp stock traded up $0.05 during trading hours on Friday, hitting $19.23. The stock had a trading volume of 1,400 shares, compared to its average volume of 5,676. Ottawa Bancorp has a 1-year low of $14.00 and a 1-year high of $19.23. The stock’s fifty day moving average is $18.91 and its two-hundred day moving average is $16.01. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market capitalization of $44.23 million, a price-to-earnings ratio of 19.23 and a beta of 0.14.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc is a bank holding company headquartered in Ottawa, Illinois. Through its subsidiary, Ottawa Savings Bank, the company provides banking and financial services to individuals, families, businesses and organizations in its local service area.

Ottawa Savings Bank offers deposit products such as checking, savings and time deposit accounts, along with lending services that may include residential mortgages, home equity loans, commercial real estate and business loans, and consumer financing.