NASB Financial Inc. (OTCMKTS:NASB) Sees Large Drop in Short Interest

Key Points

• Short interest in NASB Financial Inc. has significantly dropped by 83.3% from 600 shares to just 100 shares as of August 15th, resulting in a short-interest ratio of 0.0 days.
• The company's stock price increased by 0.1% to $34.60, with a market capitalization of approximately $249.47 million and a PE ratio of 9.35.
• NASB Financial recently announced a quarterly dividend increase to $0.35 per share, up from $0.25, reflecting an annualized dividend yield of 4.0%.

NASB Financial Inc. (OTCMKTS:NASB - Get Free Report) was the target of a large decline in short interest during the month of August. As of August 15th, there was short interest totaling 100 shares, adeclineof83.3% from the July 31st total of 600 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 0.0 days.

NASB Financial Stock Up 0.1%

OTCMKTS:NASB traded up $0.04 during midday trading on Tuesday, hitting $34.60. 2,592 shares of the company were exchanged, compared to its average volume of 1,607. The company has a fifty day simple moving average of $34.47 and a 200 day simple moving average of $34.74. NASB Financial has a fifty-two week low of $30.68 and a fifty-two week high of $38.90. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $249.47 million, a PE ratio of 9.35 and a beta of 0.01.

NASB Financial (OTCMKTS:NASB - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The financial services provider reported $0.96 EPS for the quarter. NASB Financial had a net margin of 15.33% and a return on equity of 6.44%. The firm had revenue of $22.36 million for the quarter.

NASB Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Friday, September 12th will be paid a dividend of $0.35 per share. This is a positive change from NASB Financial's previous quarterly dividend of $0.25. This represents a $1.40 annualized dividend and a yield of 4.0%. NASB Financial's dividend payout ratio (DPR) is currently 27.03%.

NASB Financial Company Profile

NASB Financial, Inc operates as a unitary thrift holding company for North American Savings Bank, F.S.B. that provides various banking products and services in the United States. The company offers checking, savings, money market, and certificate of deposit accounts. It also mortgages and refinancing products, including conventional, veterans administration, federal housing administration, jumbo, and IRA residential real-estate loans.

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