Ottawa Bancorp (OTCMKTS:OTTW) Shares Shorted: Short Interest Down 91.2% in September

Ottawa Bancorp (OTCMKTS:OTTW) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 77 shares, a drop of 91.2% from the August 31st total of 873 shares. Based on an average daily volume of 21,566 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Ottawa Bancorp Stock Performance

Shares of OTCMKTS:OTTW remained flat at $18.70 during midday trading on Thursday. 4,357 shares of the company were exchanged, compared to its average volume of 7,088. The stock has a market capitalization of $43.01 million, a PE ratio of 18.80 and a beta of 0.14. The stock has a 50-day simple moving average of $17.30 and a 200 day simple moving average of $15.82. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.12 and a current ratio of 1.12. Ottawa Bancorp has a 52 week low of $14.00 and a 52 week high of $19.10.

About Ottawa Bancorp

Ottawa Bancorp, Inc is a bank holding company based in Ottawa, Illinois. Through its subsidiary, Ottawa Savings Bank, the company provides community banking services to individuals, families, and businesses in the communities it serves.

Ottawa Savings Bank offers deposit products, residential mortgage loans, consumer lending, commercial real estate financing, and other business loans. Its services also include traditional transaction and savings accounts, online banking, and related financial services.

The bank has a long history of serving customers in north-central Illinois, with a presence in and around Ottawa and neighboring communities.