Short Interest in Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Drops By 44.9%

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 3,800 shares, a decrease of 44.9% from the January 31st total of 6,900 shares. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 0.4 days.

Dime Community Bancshares Stock Down 0.4 %

DCOMP opened at $19.32 on Friday. Dime Community Bancshares has a 12 month low of $16.05 and a 12 month high of $21.44. The firm’s fifty day simple moving average is $19.65 and its 200 day simple moving average is $19.67.

Dime Community Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Thursday, February 6th were issued a $0.3438 dividend. The ex-dividend date was Thursday, February 6th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 7.12%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Dime Community Bancshares stock. ORG Partners LLC boosted its holdings in Dime Community Bancshares, Inc. (NASDAQ:DCOMP) by 109.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,150 shares of the company’s stock after purchasing an additional 4,250 shares during the period. ORG Partners LLC’s holdings in Dime Community Bancshares were worth $157,000 as of its most recent filing with the Securities and Exchange Commission.

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.