Short Interest in QNB Corp. (Uplisting) (NASDAQ:QNBC) Increases By 1,444,600.0%

QNB Corp. (Uplisting) (NASDAQ:QNBC) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 14,447 shares, an increase of 1,444,600.0% from the August 15th total of 1 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 14,339 shares, the days-to-cover ratio is presently 1.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings started coverage on QNB Corp. (Uplisting) in a research report on Friday, August 28th. They set a “hold (c)” rating on the stock. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

QNB Corp. (Uplisting) Trading Down 0.1%

NASDAQ:QNBC opened at $44.95 on Friday. The stock has a market capitalization of $274.19 million, a price-to-earnings ratio of 13.34 and a beta of 0.43. QNB Corp. has a 52 week low of $34.00 and a 52 week high of $46.00. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm has a 50 day moving average of $44.01 and a 200 day moving average of $40.95.

QNB Corp. (Uplisting) Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $0.39 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.5%. QNB Corp. (Uplisting)’s dividend payout ratio (DPR) is presently 46.29%.

About QNB Corp. (Uplisting)

QNB Corp. is the bank holding company for QNB Bank, a community banking institution headquartered in Quakertown, Pennsylvania. Founded in 1877 as Quakertown National Bank, the organization provides financial services to individuals, families, businesses and nonprofit organizations.

QNB Bank offers a range of traditional banking products, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, home equity financing and commercial loans. Its services also include business banking, cash management, online and mobile banking, wealth management and trust services.

The bank primarily serves communities in southeastern Pennsylvania, including Bucks, Lehigh and Montgomery counties, through its branch network and digital banking channels.