United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) Short Interest Up 472.6% in May

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 773 shares, an increase of 472.6% from the April 30th total of 135 shares. Based on an average daily volume of 2,733 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

United Bancorporation of Alabama Stock Performance

Shares of UBAB opened at $54.17 on Thursday. The business’s 50 day moving average is $51.64 and its two-hundred day moving average is $52.24. United Bancorporation of Alabama has a 52-week low of $49.01 and a 52-week high of $57.00. The firm has a market cap of $165.22 million, a price-to-earnings ratio of 9.67 and a beta of 0.46. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.21.

United Bancorporation of Alabama (OTCMKTS:UBAB) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.80 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.51. United Bancorporation of Alabama had a return on equity of 13.68% and a net margin of 22.47%.The business had revenue of $19.37 million during the quarter, compared to the consensus estimate of $22.50 million. Analysts forecast that United Bancorporation of Alabama will post 5.35 EPS for the current fiscal year.

About United Bancorporation of Alabama

United Bancorporation of Alabama, Inc is a bank holding company headquartered in Mobile, Alabama, operating primarily through its wholly owned subsidiary, United Bank. As a community-oriented financial institution, the company focuses on serving individual consumers, small to mid-sized businesses, and municipal clients across Alabama’s Gulf Coast region. Its branch network and digital platforms provide access to a range of traditional banking services.

The company’s core offerings include demand and savings deposit accounts, money market accounts and certificates of deposit designed for both personal and business customers.