United Bancshares Inc. OH (NASDAQ:UBOH) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 300 shares, a growth of 200.0% from the July 31st total of 100 shares. Based on an average trading volume of 1,900 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.
Separately, ValuEngine upgraded shares of United Bancshares Inc. OH from a “sell” rating to a “hold” rating in a research report on Sunday, July 28th.
UBOH stock traded up $0.31 on Wednesday, hitting $19.88. The company’s stock had a trading volume of 5,080 shares, compared to its average volume of 2,211. The stock has a market cap of $64.01 million, a price-to-earnings ratio of 7.70 and a beta of 0.57. The firm has a 50 day moving average of $20.36 and a two-hundred day moving average of $22.01. The company has a current ratio of 0.87, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. United Bancshares Inc. OH has a 1 year low of $17.85 and a 1 year high of $23.99.
A hedge fund recently raised its stake in United Bancshares Inc. OH stock. Advisor Group Inc. raised its holdings in United Bancshares Inc. OH (NASDAQ:UBOH) by 55.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,400 shares of the bank’s stock after purchasing an additional 500 shares during the quarter. Advisor Group Inc.’s holdings in United Bancshares Inc. OH were worth $28,000 as of its most recent filing with the SEC. 19.40% of the stock is currently owned by institutional investors and hedge funds.
United Bancshares Inc. OH Company Profile
United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and retail banking products and services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.
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