Isabella Bank Co. (OTCMKTS:ISBA) Short Interest Update

Isabella Bank Co. (OTCMKTS:ISBA) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 200 shares, an increase of 100.0% from the December 31st total of 100 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is presently 0.1 days.

Isabella Bank Stock Down 0.0 %

Shares of Isabella Bank stock traded down $0.01 on Wednesday, reaching $25.79. The company’s stock had a trading volume of 2,435 shares, compared to its average volume of 922. The company has a market capitalization of $191.62 million, a price-to-earnings ratio of 14.09 and a beta of 0.02. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.45. Isabella Bank has a 52 week low of $17.55 and a 52 week high of $26.23. The firm’s fifty day simple moving average is $25.46 and its two-hundred day simple moving average is $22.29.

Isabella Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, December 16th were given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date was Monday, December 16th. Isabella Bank’s dividend payout ratio (DPR) is 61.20%.

Analyst Ratings Changes

Separately, Piper Sandler increased their price target on shares of Isabella Bank from $22.00 to $24.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th.

About Isabella Bank

Isabella Bank Corporation operates as the bank holding company for Isabella Bank that provides various banking products and services to businesses, institutions, and individuals and their families. Its deposit products include checking accounts, savings accounts, certificates of deposit, direct deposits, and money market accounts.