West Coast Community Bancorp (OTCMKTS:SCZC) Sees Large Decline in Short Interest

West Coast Community Bancorp (OTCMKTS:SCZC) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 100 shares, a drop of 50.0% from the November 30th total of 200 shares. Based on an average daily trading volume, of 7,700 shares, the short-interest ratio is presently 0.0 days.

West Coast Community Bancorp Stock Performance

OTCMKTS SCZC opened at $41.70 on Friday. The company has a market capitalization of $440.14 million, a P/E ratio of 10.22 and a beta of 0.79. West Coast Community Bancorp has a 52-week low of $27.01 and a 52-week high of $41.95. The company has a fifty day moving average of $40.59 and a 200-day moving average of $38.76.

West Coast Community Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Tuesday, November 5th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date was Tuesday, November 5th. This is a positive change from West Coast Community Bancorp’s previous quarterly dividend of $0.17. West Coast Community Bancorp’s payout ratio is 17.65%.

About West Coast Community Bancorp

West Coast Community Bancorp operates as the bank holding company for Santa Cruz County Bank that provides a range of commercial and personal banking services to residents and businesses in the United States. It offers checking, savings, money market, certificate of deposits, and health savings accounts; and individual retirement account and retirement plans.