Short Interest in West Coast Community Bancorp (OTCMKTS:SCZC) Drops By 75.0%

West Coast Community Bancorp (OTCMKTS:SCZC) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 100 shares, a decline of 75.0% from the January 31st total of 400 shares. Based on an average daily volume of 15,600 shares, the short-interest ratio is currently 0.0 days.

West Coast Community Bancorp Stock Performance

Shares of SCZC stock opened at $41.24 on Friday. West Coast Community Bancorp has a fifty-two week low of $27.01 and a fifty-two week high of $41.95. The stock’s fifty day moving average price is $40.78 and its two-hundred day moving average price is $40.11. The company has a market cap of $435.82 million, a PE ratio of 12.17 and a beta of 0.79.

West Coast Community Bancorp (OTCMKTS:SCZC) last released its earnings results on Tuesday, January 28th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter.

West Coast Community Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Wednesday, February 5th were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date was Wednesday, February 5th. This is a boost from West Coast Community Bancorp’s previous quarterly dividend of $0.18. West Coast Community Bancorp’s payout ratio is presently 22.42%.

About West Coast Community Bancorp

West Coast Community Bancorp operates as the bank holding company for Santa Cruz County Bank that provides a range of commercial and personal banking services to residents and businesses in the United States. It offers checking, savings, money market, certificate of deposits, and health savings accounts; and individual retirement account and retirement plans.