Consumers Bancorp, Inc. (OTCMKTS:CBKM) Sees Significant Increase in Short Interest

Consumers Bancorp, Inc. (OTCMKTS:CBKM) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 700 shares, a growth of 133.3% from the March 31st total of 300 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is presently 0.4 days.

Consumers Bancorp Price Performance

Shares of CBKM stock traded down $0.15 during mid-day trading on Friday, hitting $16.25. The stock had a trading volume of 3,707 shares, compared to its average volume of 1,205. Consumers Bancorp has a 12-month low of $14.56 and a 12-month high of $18.55. The firm’s 50-day moving average is $16.45 and its two-hundred day moving average is $16.59.

Consumers Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, February 26th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 4.43%. The ex-dividend date of this dividend was Friday, February 23rd. Consumers Bancorp’s dividend payout ratio is 44.08%.

Consumers Bancorp Company Profile

Consumers Bancorp, Inc operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium-sized businesses. The company accepts various deposit products, such as checking, savings, certificates of deposit, and individual retirement accounts.