Pinnacle Bancshares Inc. (OTCMKTS:PCLB) Short Interest Update

Pinnacle Bancshares Inc. (OTCMKTS:PCLB) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 18 shares, a drop of 81.8% from the July 15th total of 99 shares. Based on an average daily trading volume, of 142 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Pinnacle Bancshares Price Performance

Shares of OTCMKTS:PCLB traded up $1.25 during midday trading on Thursday, hitting $41.50. The stock had a trading volume of 2,174 shares, compared to its average volume of 1,021. The company’s 50-day moving average price is $39.68 and its 200-day moving average price is $37.99. Pinnacle Bancshares has a fifty-two week low of $31.01 and a fifty-two week high of $42.91. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $37.27 million, a P/E ratio of 8.70 and a beta of 0.26.

Pinnacle Bancshares (OTCMKTS:PCLB) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.14 earnings per share (EPS) for the quarter. The business had revenue of $3.32 million for the quarter. Pinnacle Bancshares had a net margin of 23.47% and a return on equity of 19.59%.

About Pinnacle Bancshares

Pinnacle Bancshares, Inc operates as the bank holding company for Pinnacle Bank that provides various banking products and services. The company provides checking accounts, savings accounts, and demand and time deposits. It also offers personal lending for automobile, boat, jet ski, motor home, travel trailers, manufactured home, tractor, ATV, personal line of credit, and others; mortgage products, such as residential purchase and refinance, investment property, consumer construction, consumer 2nd mortgage, veterans administration loans, federal housing administration loans, land loans, home equity line of credit, and home improvement/renovation; commercial lending products, including purchase, construction, and refinance of residential rental property and commercial real estate, as well as residential rental property improvements, land acquisition, investment, and development; commercial construction; and SBA lending.