Landmark Bancorp, Inc. (NASDAQ:LARK) Sees Large Increase in Short Interest

Landmark Bancorp, Inc. (NASDAQ:LARK) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 22,300 shares, an increase of 10.9% from the December 15th total of 20,100 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 5.1 days.

Landmark Bancorp Stock Performance

Shares of LARK opened at $24.20 on Monday. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79. Landmark Bancorp has a one year low of $17.05 and a one year high of $25.25. The company’s fifty day moving average price is $23.67 and its 200 day moving average price is $21.44. The company has a market capitalization of $139.78 million, a PE ratio of 11.24 and a beta of 0.46.

Landmark Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.84 annualized dividend and a yield of 3.47%. Landmark Bancorp’s payout ratio is 37.21%.

Institutional Investors Weigh In On Landmark Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. CGN Advisors LLC grew its position in Landmark Bancorp by 5.0% during the fourth quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock worth $265,000 after buying an additional 526 shares in the last quarter. Empowered Funds LLC increased its position in shares of Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 670 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Landmark Bancorp in the second quarter valued at approximately $338,000. Finally, De Lisle Partners LLP raised its position in Landmark Bancorp by 78.1% in the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock valued at $1,369,000 after purchasing an additional 29,637 shares during the last quarter. Institutional investors and hedge funds own 25.66% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Landmark Bancorp in a research report on Friday. They set a “hold” rating on the stock.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.