Oregon Bancorp, Inc. (OTCMKTS:ORBN) Sees Significant Decrease in Short Interest

Oregon Bancorp, Inc. (OTCMKTS:ORBN) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the September 30th total of 200 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 0.3 days.

Oregon Bancorp Stock Performance

ORBN remained flat at $23.00 during midday trading on Friday. The business’s fifty day moving average price is $20.69 and its 200 day moving average price is $19.14. Oregon Bancorp has a 1 year low of $17.50 and a 1 year high of $26.53.

Oregon Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend was Tuesday, October 1st.

Oregon Bancorp Company Profile

Oregon Bancorp, Inc operates as the bank holding company for Willamette Valley Bank that provides banking services to businesses and individuals. It operates through two segments, Community Banking and Home Mortgage Lending. The company offers checking and savings accounts, retirement accounts, and certificate of deposits, as well as debit and credit cards, cash management, money market, and digital banking services.