QNB Corp. (OTCMKTS:QNBC) Sees Significant Decrease in Short Interest

QNB Corp. (OTCMKTS:QNBC) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 300 shares, a drop of 25.0% from the December 31st total of 400 shares. Based on an average daily volume of 2,800 shares, the short-interest ratio is currently 0.1 days.

QNB Stock Down 0.0 %

Shares of OTCMKTS QNBC opened at $33.95 on Friday. The firm has a market cap of $125.62 million, a price-to-earnings ratio of 10.88 and a beta of 0.50. QNB has a 1 year low of $21.39 and a 1 year high of $34.99. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.77 and a current ratio of 0.77. The stock’s 50-day simple moving average is $33.62 and its 200-day simple moving average is $31.11.

QNB (OTCMKTS:QNBC) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. QNB had a return on equity of 11.61% and a net margin of 12.58%.

QNB Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend was Friday, December 13th. QNB’s payout ratio is currently 47.44%.

About QNB

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.