Ottawa Savings Bancorp Inc (NASDAQ:OTTW) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 6,600 shares, an increase of 65.0% from the September 30th total of 4,000 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.2% of the shares of the company are short sold.
Separately, ValuEngine raised Ottawa Savings Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.
Shares of OTTW opened at $13.77 on Wednesday. The stock has a 50-day moving average of $13.06 and a two-hundred day moving average of $13.10. Ottawa Savings Bancorp has a one year low of $12.46 and a one year high of $14.50. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market cap of $44.69 million, a P/E ratio of 22.05 and a beta of 0.45.
Ottawa Bancorp, Inc operates as the holding company for Ottawa Savings Bank, a chartered savings bank that provides various financial services to individual and corporate customers in Illinois. The company offers various deposit accounts, including checking, money market, regular savings, club savings, certificate, and various retirement accounts.
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