Short Interest in United Community Banks, Inc. (NASDAQ:UCBIO) Grows By 95.3%

United Community Banks, Inc. (NASDAQ:UCBIO) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 8,400 shares, a growth of 95.3% from the June 30th total of 4,300 shares. Based on an average trading volume of 5,700 shares, the short-interest ratio is presently 1.5 days.

United Community Banks Trading Up 1.0 %

Shares of UCBIO stock traded up $0.24 during trading hours on Friday, hitting $24.45. The company had a trading volume of 8,855 shares, compared to its average volume of 6,354. United Community Banks has a 12 month low of $20.27 and a 12 month high of $24.89. The firm’s fifty day moving average is $23.81 and its 200 day moving average is $23.76.

United Community Banks Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Saturday, June 15th. Stockholders of record on Friday, May 31st were paid a $0.4297 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $1.72 annualized dividend and a dividend yield of 7.03%.

United Community Banks Company Profile

United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts.