OceanFirst Financial Corp. (NASDAQ:OCFCP) Short Interest Up 960.0% in February

OceanFirst Financial Corp. (NASDAQ:OCFCPGet Free Report) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 5,300 shares, a growth of 960.0% from the January 31st total of 500 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 1.4 days.

OceanFirst Financial Stock Down 1.1 %

Shares of OceanFirst Financial stock traded down $0.26 during trading hours on Wednesday, reaching $24.19. The company’s stock had a trading volume of 2,163 shares, compared to its average volume of 4,069. OceanFirst Financial has a one year low of $16.66 and a one year high of $26.00. The stock’s fifty day simple moving average is $24.54 and its two-hundred day simple moving average is $23.92.

OceanFirst Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st were paid a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.23%. The ex-dividend date of this dividend was Tuesday, January 30th.

About OceanFirst Financial

(Get Free Report)

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

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