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Middlefield Banc's short interest dropped 13.2% to 32,355 shares by Jan. 30, as the stock closed at $34.95 on Feb. 17, up $0.23, after missing Q4 earnings estimates and announcing a $0.21 dividend.
Short interest in Middlefield Banc Corp. (MBCN) fell 13.2% to 32,355 shares by January 30, with 0.4% of shares sold short.
The stock closed at $34.95 on February 17, up $0.23, after the company reported Q4 earnings of $0.38 per share, missing estimates, and revenue of $19.34 million, below expectations.
A quarterly dividend of $0.21 per share, yielding 2.4%, was announced, payable February 27.
The company, based in Middlefield, Ohio, offers banking services including loans and deposits.
Analysts have a consensus target price of $35.00, with one Buy and two Hold ratings.
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El interés corto de Middlefield Banc cayó un 13.2% a 32.355 acciones para el 30 de enero, ya que las acciones cerraron a $ 34.95 el 17 de febrero, un aumento de $ 0.23, después de perder estimaciones de ganancias del cuarto trimestre y anunciar un dividendo de $ 0.21.