Short Interest in United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) Rises By 200.0%

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 900 shares, an increase of 200.0% from the May 31st total of 300 shares. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is currently 0.4 days.

United Bancorporation of Alabama Trading Up 0.9 %

Shares of United Bancorporation of Alabama stock opened at $48.00 on Friday. The firm has a 50-day simple moving average of $45.73 and a two-hundred day simple moving average of $42.89. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.95 and a current ratio of 0.95. United Bancorporation of Alabama has a fifty-two week low of $36.00 and a fifty-two week high of $49.99. The company has a market cap of $170.40 million, a P/E ratio of 5.51 and a beta of 0.42.

United Bancorporation of Alabama (OTCMKTS:UBAB) last released its quarterly earnings results on Friday, April 26th. The company reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.71 by $0.04. The company had revenue of $17.30 million during the quarter, compared to analysts’ expectations of $17.93 million. United Bancorporation of Alabama had a return on equity of 27.14% and a net margin of 34.65%. As a group, equities analysts predict that United Bancorporation of Alabama will post 6.88 earnings per share for the current fiscal year.

About United Bancorporation of Alabama

United Bancorporation of Alabama, Inc operates as the bank holding company for United Bank that provides banking services. The company offers checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, business solutions, merchant services, and cash management services.