Short Interest in Community Bancorp (OTCMKTS:CMTV) Grows By 200.0%

Community Bancorp (OTCMKTS:CMTV) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 300 shares, a growth of 200.0% from the September 30th total of 100 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is currently 0.2 days.

Community Bancorp Stock Performance

Shares of OTCMKTS:CMTV opened at $17.00 on Monday. The firm has a fifty day simple moving average of $16.31 and a two-hundred day simple moving average of $16.00. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $94.10 million, a P/E ratio of 7.59 and a beta of 0.34. Community Bancorp has a 52 week low of $14.31 and a 52 week high of $20.00.

Community Bancorp (OTCMKTS:CMTV) last posted its quarterly earnings data on Wednesday, August 14th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter. The business had revenue of $9.87 million during the quarter. Community Bancorp had a return on equity of 14.53% and a net margin of 21.48%.

Community Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be given a $0.24 dividend. This is a positive change from Community Bancorp’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date of this dividend is Tuesday, October 15th. Community Bancorp’s dividend payout ratio is 42.86%.

About Community Bancorp

Community Bancorp. operates as the bank holding company for Community National Bank that provides financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as standby letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, card processing, and remote deposit capture.