OceanFirst Financial Corp. (OCFC)

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. OceanFirst Financial Corp presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

The most recent short interest data was recently released for the 10/15/2018 settlement date, and OceanFirst Financial Corp is one of the most shorted stocks of the Russell 3000, based on 12.07 "days to cover" versus the median component at 4.82. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded.

The most recent short interest data was recently released for the 07/31/2018 settlement date, and OceanFirst Financial Corp is one of the most shorted stocks of the Russell 3000, based on 11.73 "days to cover" versus the median component at 5.19. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded.

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.

Looking at the universe of stocks we cover at Dividend Channel, on 8/3/17, OceanFirst Financial Corp , Webster Financial Corp , and Oaktree Capital Group LLC will all trade ex-dividend for their respective upcoming dividends. OceanFirst Financial Corp will pay its quarterly dividend of $0.15 on 8/18/17, Webster Financial Corp will pay its quarterly dividend of $0.26 on 8/21/17, and Oaktree Capital Group LLC will pay its quarterly dividend of $1.31 on 8/11/17.

The most recent short interest data has been released for the 12/15/2016 settlement date, which shows a 1,369,998 share decrease in total short interest for OceanFirst Financial Corp , to 468,566, a decrease of 74.51% since 11/30/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

Looking at the universe of stocks we cover at Dividend Channel, on 11/3/16, OceanFirst Financial Corp will trade ex-dividend, for its quarterly dividend of $0.15, payable on 11/18/16. As a percentage of OCFC's recent stock price of $20.96, this dividend works out to approximately 0.72%, so look for shares of OceanFirst Financial Corp to trade 0.72% lower — all else being equal — when OCFC shares open for trading on 11/3/16.