Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Sees Significant Increase in Short Interest

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,600 shares, an increase of 36.8% from the February 29th total of 1,900 shares. Based on an average daily volume of 10,800 shares, the short-interest ratio is presently 0.2 days.

Dime Community Bancshares Trading Up 2.5 %

DCOMP stock traded up $0.42 during mid-day trading on Friday, hitting $17.32. 14,711 shares of the stock were exchanged, compared to its average volume of 10,653. The business has a fifty day moving average price of $17.05 and a 200 day moving average price of $16.58. Dime Community Bancshares has a 12 month low of $13.20 and a 12 month high of $19.10.

Dime Community Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Thursday, February 8th were issued a $0.3438 dividend. The ex-dividend date of this dividend was Wednesday, February 7th. This represents a $1.38 annualized dividend and a dividend yield of 7.94%.

Dime Community Bancshares Company Profile

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans.