ENB Financial Corp (OTCMKTS:ENBP) Sees Significant Decline in Short Interest

ENB Financial Corp (OTCMKTS:ENBP) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 100 shares, a decline of 50.0% from the November 15th total of 200 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 0.2 days.

ENB Financial Stock Performance

ENBP remained flat at $17.45 during trading on Friday. 76 shares of the company’s stock were exchanged, compared to its average volume of 2,346. The firm has a fifty day moving average of $17.55 and a two-hundred day moving average of $16.53. ENB Financial has a 12-month low of $13.80 and a 12-month high of $20.00.

ENB Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 15th will be given a $0.18 dividend. This is a positive change from ENB Financial’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a dividend yield of 4.13%. The ex-dividend date is Friday, November 15th. ENB Financial’s dividend payout ratio (DPR) is currently 40.73%.

About ENB Financial

ENB Financial Corp operates as the bank holding company for Ephrata National Bank that provides various financial services to individuals and small-to-medium-sized businesses in Pennsylvania, the United States. The company's deposit products include non-interest bearing and interest-bearing demand deposits, NOW accounts, money market deposit accounts, savings accounts, and time deposits.