DimeCo Inc. (OTCMKTS:DIMC) Sees Large Increase in Short Interest

DimeCo Inc. (OTCMKTS:DIMC) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 187 shares, a growth of 117.4% from the June 15th total of 86 shares. Based on an average daily trading volume, of 815 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

DimeCo Stock Down 2.0%

DimeCo stock opened at $55.35 on Wednesday. The company’s 50-day moving average price is $54.22 and its two-hundred day moving average price is $49.47. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.20. The stock has a market cap of $141.14 million, a price-to-earnings ratio of 7.75 and a beta of 0.03. DimeCo has a 52 week low of $36.10 and a 52 week high of $57.00.

DimeCo (OTCMKTS:DIMC) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $1.89 EPS for the quarter. The company had revenue of $14.66 million for the quarter. DimeCo had a return on equity of 14.47% and a net margin of 23.68%.

DimeCo Company Profile

Dimeco, Inc operates as the bank holding company for The Dime Bank that provides banking products and services to individuals and businesses in Pennsylvania. It accepts various deposits, including checking, savings, and individual retirement accounts, as well as certificates of deposit. The company also provides consumer, home equity, mortgage, construction, student, business term, business vehicle, business equipment, capital improvement, and commercial real estate loans; business lines of credit; and acquisition financing and investment services.