NASB Financial, Inc. (OTCMKTS:NASB) Sees Large Drop in Short Interest

NASB Financial, Inc. (OTCMKTS:NASB) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 2,000 shares, a drop of 16.7% from the February 13th total of 2,400 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 5.0 days. Approximately 0.1% of the company’s stock are sold short.

NASB Financial Stock Down 0.6 %

Shares of NASB Financial stock traded down $0.22 during midday trading on Wednesday, reaching $36.53. 500 shares of the company’s stock traded hands, compared to its average volume of 936. The company has a market cap of $264.26 million, a price-to-earnings ratio of 9.37 and a beta of 0.29. NASB Financial has a 52 week low of $31.93 and a 52 week high of $38.90. The company’s 50 day simple moving average is $37.09 and its 200 day simple moving average is $37.39. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.37 and a current ratio of 1.37.

NASB Financial (OTCMKTS:NASB) last announced its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $1.10 earnings per share for the quarter. NASB Financial had a return on equity of 7.01% and a net margin of 17.41%.

NASB Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Friday, March 14th. NASB Financial’s dividend payout ratio is currently 25.64%.

About NASB Financial

NASB Financial, Inc operates as a unitary thrift holding company for North American Savings Bank, F.S.B. that provides various banking products and services in the United States. The company offers checking, savings, money market, and certificate of deposit accounts. It also mortgages and refinancing products, including conventional, veterans administration, federal housing administration, jumbo, and IRA residential real-estate loans.