Short Interest in Union Bankshares, Inc. (NASDAQ:UNB) Decreases By 88.0%

11 Jul 2026, 20:40 by Amy Steele · The Cerbat Gem

Union Bankshares, Inc. (NASDAQ:UNB – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 10,469 shares, a decrease of 88.0% from the June 15th total of 87,456 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 49,237 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Union Bankshares in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

View Our Latest Stock Analysis on Union Bankshares

Union Bankshares Stock Performance

NASDAQ:UNB traded up $0.30 during mid-day trading on Friday, hitting $24.85. The company’s stock had a trading volume of 4,347 shares, compared to its average volume of 27,443. Union Bankshares has a 1 year low of $20.65 and a 1 year high of $29.49. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a market cap of $114.56 million, a price-to-earnings ratio of 9.82 and a beta of 0.28. The business’s fifty day moving average is $24.00 and its two-hundred day moving average is $24.12.

Union Bankshares (NASDAQ:UNB – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The bank reported $0.65 earnings per share for the quarter. The business had revenue of $25.08 million during the quarter. Union Bankshares had a return on equity of 14.94% and a net margin of 13.13%.

Union Bankshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 7th. Investors of record on Monday, April 27th were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 5.8%. The ex-dividend date was Monday, April 27th. Union Bankshares’s dividend payout ratio (DPR) is currently 56.92%.

Institutional Investors Weigh In On Union Bankshares

Several hedge funds have recently bought and sold shares of the stock. Kestra Advisory Services LLC purchased a new position in shares of Union Bankshares during the 4th quarter valued at approximately $42,000. JPMorgan Chase & Co. boosted its holdings in Union Bankshares by 34,520.0% during the second quarter. JPMorgan Chase & Co. now owns 1,731 shares of the bank’s stock worth $46,000 after buying an additional 1,726 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Union Bankshares during the second quarter valued at $53,000. Russell Investments Group Ltd. acquired a new stake in Union Bankshares during the third quarter valued at $63,000. Finally, New York State Common Retirement Fund purchased a new position in Union Bankshares in the second quarter valued at $104,000. Hedge funds and other institutional investors own 14.84% of the company’s stock.

About Union Bankshares

(Get Free Report)

Union Bankshares, Inc is a Virginia-based bank holding company and the parent of Union Bank & Trust, offering a comprehensive range of commercial and retail banking services. Through its community banking platform, the company provides deposit accounts, business and consumer lending, treasury and cash management, residential mortgages, and digital banking solutions. It also delivers trust and wealth management services to individuals, corporations, and nonprofits.