Community Bancorp (OTCMKTS:CMTV) Sees Significant Decline in Short Interest

Community Bancorp (OTCMKTS:CMTV) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a drop of 66.7% from the October 15th total of 300 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 0.2 days.

Community Bancorp Price Performance

OTCMKTS:CMTV traded up $0.20 during midday trading on Wednesday, hitting $16.52. The company had a trading volume of 181 shares, compared to its average volume of 1,718. The company has a market capitalization of $92.18 million, a PE ratio of 7.29 and a beta of 0.33. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.14. Community Bancorp has a 52-week low of $14.31 and a 52-week high of $20.00. The stock’s fifty day moving average price is $16.46 and its 200-day moving average price is $16.01.

Community Bancorp (OTCMKTS:CMTV) last issued its earnings results on Wednesday, August 14th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter. The business had revenue of $9.87 million during the quarter. Community Bancorp had a return on equity of 14.53% and a net margin of 21.48%.

Community Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 15th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 5.81%. This is a positive change from Community Bancorp’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Tuesday, October 15th. Community Bancorp’s dividend payout ratio (DPR) is presently 42.86%.

Community Bancorp Company Profile

Community Bancorp. operates as the bank holding company for Community National Bank that provides financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as standby letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, card processing, and remote deposit capture.