OceanFirst Financial Corp. (NASDAQ:OCFCP) Sees Significant Growth in Short Interest

OceanFirst Financial Corp. (NASDAQ:OCFCP) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 5,100 shares, a growth of 183.3% from the March 31st total of 1,800 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is presently 1.5 days.

OceanFirst Financial Stock Up 0.5 %

Shares of NASDAQ:OCFCP opened at $24.70 on Friday. OceanFirst Financial has a fifty-two week low of $18.04 and a fifty-two week high of $25.88. The business has a 50-day moving average of $24.54 and a two-hundred day moving average of $24.17.

OceanFirst Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a $0.4375 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.09%.

OceanFirst Financial Company Profile

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers.