Landmark Bancorp, Inc. (NASDAQ:LARK) Short Interest Update

Landmark Bancorp, Inc. (NASDAQ:LARK) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 22,300 shares, a growth of 10.9% from the December 15th total of 20,100 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is presently 5.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in Landmark Bancorp during the second quarter worth about $338,000. Empowered Funds LLC increased its position in shares of Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after purchasing an additional 670 shares during the last quarter. De Lisle Partners LLP raised its holdings in shares of Landmark Bancorp by 78.1% during the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock valued at $1,369,000 after buying an additional 29,637 shares in the last quarter. Finally, CGN Advisors LLC lifted its position in Landmark Bancorp by 5.0% in the 4th quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock worth $265,000 after buying an additional 526 shares during the last quarter. Institutional investors own 25.66% of the company’s stock.

Landmark Bancorp Stock Down 1.2 %

Shares of NASDAQ LARK opened at $24.20 on Friday. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $25.25. The firm has a market capitalization of $139.88 million, a price-to-earnings ratio of 11.24 and a beta of 0.46. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The business has a 50-day moving average of $23.67 and a 200-day moving average of $21.42.

Landmark Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date was Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio is currently 37.17%.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Landmark Bancorp in a research report on Friday. They set a “hold” rating for the company.

About Landmark Bancorp

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.