United Community Banks, Inc. (NASDAQ:UCBIO) Short Interest Update

United Community Banks, Inc. (NASDAQ:UCBIO) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 2,700 shares, a decrease of 42.6% from the March 31st total of 4,700 shares. Based on an average daily trading volume, of 6,700 shares, the short-interest ratio is presently 0.4 days.

United Community Banks Trading Down 1.9 %

United Community Banks stock opened at $23.10 on Friday. The stock has a fifty day moving average price of $23.66 and a two-hundred day moving average price of $23.21. United Community Banks has a 52-week low of $15.38 and a 52-week high of $24.89.

United Community Banks Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were issued a $0.4297 dividend. This is a positive change from United Community Banks’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $1.72 annualized dividend and a dividend yield of 7.44%.

United Community Banks Company Profile

United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts.