United Bancorp, Inc. (NASDAQ:UBCP) Short Interest Down 40.5% in April

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 5,000 shares, a drop of 40.5% from the March 31st total of 8,400 shares. Based on an average trading volume of 4,000 shares, the short-interest ratio is currently 1.3 days. Approximately 0.1% of the company's stock are short sold.

United Bancorp Stock Performance

UBCP traded down $0.09 during trading on Friday, hitting $12.80. 4,157 shares of the stock were exchanged, compared to its average volume of 3,926. The firm has a market capitalization of $72.96 million, a P/E ratio of 8.12 and a beta of 0.36. United Bancorp has a 1-year low of $9.70 and a 1-year high of $15.50. The stock has a fifty day moving average price of $12.89 and a two-hundred day moving average price of $11.96. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.55.

United Bancorp (NASDAQ:UBCP - Get Free Report) last released its quarterly earnings results on Tuesday, February 6th. The financial services provider reported $0.42 EPS for the quarter. The company had revenue of $7.53 million for the quarter. United Bancorp had a return on equity of 15.32% and a net margin of 21.88%.

United Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Monday, June 10th will be given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 5.47%. The ex-dividend date of this dividend is Monday, June 10th. United Bancorp's dividend payout ratio (DPR) is 43.95%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Founders Financial Alliance LLC raised its stake in shares of United Bancorp by 26.0% during the fourth quarter. Founders Financial Alliance LLC now owns 32,053 shares of the financial services provider's stock worth $412,000 after purchasing an additional 6,622 shares during the last quarter. Vantage Financial Partners LLC raised its stake in shares of United Bancorp by 26.4% during the fourth quarter. Vantage Financial Partners LLC now owns 44,270 shares of the financial services provider's stock worth $564,000 after purchasing an additional 9,258 shares during the last quarter. Finally, Wesbanco Bank Inc. raised its stake in shares of United Bancorp by 90.4% during the first quarter. Wesbanco Bank Inc. now owns 47,083 shares of the financial services provider's stock worth $681,000 after purchasing an additional 22,357 shares during the last quarter. Institutional investors and hedge funds own 15.42% of the company's stock.

About United Bancorp

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It provides range of banking and financial services, which includes accepting demand, savings, and time deposits; and offers commercial, real estate and consumer loans.