Landmark Bancorp, Inc. (NASDAQ:LARK) Short Interest Update

Landmark Bancorp, Inc. (NASDAQ:LARK) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 20,100 shares, a drop of 14.5% from the November 30th total of 23,500 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily volume of 3,900 shares, the short-interest ratio is presently 5.2 days.

Landmark Bancorp Trading Up 0.6 %

Shares of LARK traded up $0.15 during trading hours on Friday, reaching $24.22. 2,492 shares of the company traded hands, compared to its average volume of 3,511. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $25.25. The company’s fifty day moving average price is $22.80 and its two-hundred day moving average price is $20.95. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $139.89 million, a price-to-earnings ratio of 11.25 and a beta of 0.47.

Landmark Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a $0.21 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.47%. Landmark Bancorp’s dividend payout ratio is currently 37.21%.

Hedge Funds Weigh In On Landmark Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the stock. De Lisle Partners LLP increased its holdings in shares of Landmark Bancorp by 78.1% in the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after purchasing an additional 29,637 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after purchasing an additional 670 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of Landmark Bancorp in the 2nd quarter worth approximately $338,000. 25.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Landmark Bancorp in a research note on Tuesday, December 24th. They issued a “hold” rating for the company.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.