Short Interest in Landmark Bancorp, Inc. (NASDAQ:LARK) Drops By 6.0%

Landmark Bancorp, Inc. (NASDAQ:LARK) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 23,600 shares, a decline of 6.0% from the August 15th total of 25,100 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is currently 9.4 days.

Landmark Bancorp Stock Down 1.0 %

LARK stock opened at $20.00 on Wednesday. The firm’s 50-day simple moving average is $20.08 and its 200 day simple moving average is $19.57. The stock has a market cap of $109.48 million, a PE ratio of 9.43 and a beta of 0.44. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.19. Landmark Bancorp has a fifty-two week low of $15.70 and a fifty-two week high of $21.78.

Landmark Bancorp (NASDAQ:LARK) last released its earnings results on Monday, August 5th. The financial services provider reported $0.55 EPS for the quarter. The business had revenue of $14.69 million for the quarter. Landmark Bancorp had a net margin of 13.59% and a return on equity of 9.20%.

Landmark Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 21st were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date was Wednesday, August 21st. Landmark Bancorp’s dividend payout ratio (DPR) is 39.62%.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Landmark Bancorp in a research report on Wednesday, September 11th. They set a “hold” rating for the company.

Institutional Investors Weigh In On Landmark Bancorp

Several institutional investors have recently made changes to their positions in LARK. CGN Advisors LLC acquired a new stake in shares of Landmark Bancorp during the 2nd quarter worth approximately $202,000. Empowered Funds LLC grew its position in shares of Landmark Bancorp by 7.8% during the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock worth $232,000 after buying an additional 875 shares during the period. Private Advisor Group LLC bought a new position in Landmark Bancorp during the 4th quarter worth approximately $240,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Landmark Bancorp in the 2nd quarter valued at $338,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.

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.