Enterprise Bancorp, Inc. ( NASDAQ:EBTC – Get Free Report ) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 80,700 shares, a growth of 8.
6% from the November 30th total of 74,300 shares. Approximately 0.9% of the shares of the company are sold short.
Based on an average daily trading volume, of 31,100 shares, the days-to-cover ratio is currently 2.6 days. Enterprise Bancorp Stock Down 0.
3 % Shares of EBTC opened at $39.54 on Thursday. The company has a current ratio of 0.
92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.33.
Enterprise Bancorp has a 12 month low of $22.60 and a 12 month high of $44.08.
The firm’s 50 day moving average is $37.50 and its 200-day moving average is $31.77.
The stock has a market capitalization of $491.44 million, a PE ratio of 13.63 and a beta of 0.
56. Enterprise Bancorp Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 11th were paid a dividend of $0.
24 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.
96 dividend on an annualized basis and a yield of 2.43%. Enterprise Bancorp’s dividend payout ratio (DPR) is presently 33.
10%. Institutional Trading of Enterprise Bancorp Analyst Ratings Changes Separately, StockNews.com assumed coverage on shares of Enterprise Bancorp in a research note on Friday, December 27th.
They issued a “hold” rating on the stock. Get Our Latest Stock Analysis on EBTC About Enterprise Bancorp ( Get Free Report ) Enterprise Bancorp, Inc operates as the holding company for Enterprise Bank and Trust Company that engages in the provision of commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit.
See Also Receive News & Ratings for Enterprise Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Bancorp and related companies with MarketBeat.com's FREE daily email newsletter ..
Business
Short Interest in Enterprise Bancorp, Inc. (NASDAQ:EBTC) Expands By 8.6%
Enterprise Bancorp, Inc. (NASDAQ:EBTC – Get Free Report) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 80,700 shares, a growth of 8.6% from the November 30th total of 74,300 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average [...]