Dime Community Bancshares, Inc. (NASDAQ:DCOMP) Short Interest Update

Dime Community Bancshares, Inc. (NASDAQ:DCOMP) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 8,200 shares, a growth of 105.0% from the December 15th total of 4,000 shares. Based on an average daily volume of 9,400 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On Dime Community Bancshares

A hedge fund recently raised its stake in Dime Community Bancshares stock. ORG Partners LLC grew its holdings in Dime Community Bancshares, Inc. (NASDAQ:DCOMP) by 109.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,150 shares of the company’s stock after acquiring 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 SEC filing.

Dime Community Bancshares Price Performance

Shares of DCOMP traded up $0.06 during trading hours on Tuesday, reaching $19.90. The company’s stock had a trading volume of 4,712 shares, compared to its average volume of 7,314. The company has a 50 day moving average of $19.58 and a two-hundred day moving average of $19.26. Dime Community Bancshares has a 1-year low of $14.86 and a 1-year high of $21.44.

Dime Community Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 8th were given a $0.3438 dividend. The ex-dividend date was Friday, November 8th. This represents a $1.38 dividend on an annualized basis and a yield of 6.91%.

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.