OceanFirst Financial Corp. (NASDAQ:OCFCP) Short Interest Down 90.5% in November

OceanFirst Financial Corp. (NASDAQ:OCFCP) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 200 shares, a decrease of 90.5% from the October 31st total of 2,100 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is presently 0.1 days.

OceanFirst Financial Stock Performance

OceanFirst Financial stock remained flat at $25.20 during midday trading on Wednesday. The company had a trading volume of 3,045 shares, compared to its average volume of 2,713. OceanFirst Financial has a 1-year low of $22.70 and a 1-year high of $25.90. The company’s fifty day moving average is $25.19 and its two-hundred day moving average is $24.94.

OceanFirst Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were paid a dividend of $0.4375 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.94%.

OceanFirst Financial Company Profile

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers.