Short Interest in Pinnacle Bankshares Corp. (OTCMKTS:PPBN) Expands By 96.9%

Pinnacle Bankshares Corp. (OTCMKTS:PPBN) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 701 shares, a growth of 96.9% from the June 15th total of 356 shares. Based on an average daily trading volume, of 2,643 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Pinnacle Bankshares Stock Performance

OTCMKTS PPBN remained flat at $56.50 on Friday. The company has a fifty day moving average of $53.86 and a 200-day moving average of $49.10. Pinnacle Bankshares has a fifty-two week low of $32.82 and a fifty-two week high of $56.50. The company has a market cap of $122.04 million, a price-to-earnings ratio of 10.84 and a beta of 0.27.

Pinnacle Bankshares (OTCMKTS:PPBN) last announced its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $1.39 EPS for the quarter. The firm had revenue of $12.27 million during the quarter. Pinnacle Bankshares had a net margin of 19.32% and a return on equity of 13.24%.

Pinnacle Bankshares Company Profile

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.