Pinnacle Bankshares Corp. (OTCMKTS:PPBN) Short Interest Up 62.5% in August

Pinnacle Bankshares Corp. (OTCMKTS:PPBN) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 907 shares, an increase of 62.5% from the July 30th total of 558 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,628 shares, the short-interest ratio is presently 0.6 days.

Pinnacle Bankshares Stock Performance

OTCMKTS:PPBN remained flat at $65.66 on Monday. 1,457 shares of the company’s stock traded hands, compared to its average volume of 1,102. The business has a 50 day simple moving average of $60.02 and a 200-day simple moving average of $53.04. Pinnacle Bankshares has a 52-week low of $36.78 and a 52-week high of $68.87. The stock has a market capitalization of $141.89 million, a P/E ratio of 9.42 and a beta of 0.27.

Pinnacle Bankshares (OTCMKTS:PPBN) last announced its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $1.61 earnings per share for the quarter. The company had revenue of $17.22 million during the quarter. Pinnacle Bankshares had a return on equity of 14.00% and a net margin of 23.60%.

About Pinnacle Bankshares

Pinnacle Bankshares Corporation operates as the bank holding company for First National Bank that provides a range of commercial and retail banking products and services. The company accepts checking accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and money market accounts. Its loan products include residential and commercial mortgage loans, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit, and letters of credit.