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

Landmark Bancorp, Inc. (NASDAQ:LARK) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 23,600 shares, a decrease of 6.0% from the September 15th total of 25,100 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is currently 10.3 days. Approximately 0.6% of the shares of the company are short sold.

Landmark Bancorp Stock Performance

NASDAQ LARK opened at $20.39 on Friday. The company has a market cap of $111.61 million, a PE ratio of 9.62 and a beta of 0.44. The stock’s 50 day simple moving average is $20.25 and its 200-day simple moving average is $19.69. Landmark Bancorp has a 1-year low of $15.70 and a 1-year high of $21.78. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.80 and a quick ratio of 0.80.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings results on Monday, August 5th. The financial services provider reported $0.55 EPS for the quarter. Landmark Bancorp had a return on equity of 9.20% and a net margin of 13.59%. The firm had revenue of $14.69 million during the quarter.

Landmark Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were issued a $0.21 dividend. The ex-dividend date was Wednesday, August 21st. This represents a $0.84 annualized dividend and a dividend yield of 4.12%. Landmark Bancorp’s dividend payout ratio is presently 39.62%.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Landmark Bancorp in a research note on Sunday, October 13th. They issued a “hold” rating for the company.

Institutional Investors Weigh In On Landmark Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC boosted its holdings in Landmark Bancorp by 7.8% in the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after purchasing an additional 875 shares during the period. CGN Advisors LLC acquired a new position in Landmark Bancorp in the 2nd quarter valued at about $202,000. Finally, Sanctuary Advisors LLC acquired a new position in Landmark Bancorp during the 2nd quarter worth approximately $338,000. Institutional investors and hedge funds own 25.66% of the company’s stock.

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.