Pacific Financial Co. (OTCMKTS:PFLC) Short Interest Up 71.2% in April

Pacific Financial Co. (OTCMKTS:PFLC) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 125 shares, a growth of 71.2% from the March 31st total of 73 shares. Based on an average daily trading volume, of 31,863 shares, the days-to-cover ratio is presently 0.0 days.

Pacific Financial Price Performance

PFLC opened at $13.00 on Monday. Pacific Financial has a 12 month low of $9.86 and a 12 month high of $13.50. The firm’s fifty day simple moving average is $12.95 and its 200 day simple moving average is $12.54.

Pacific Financial (OTCMKTS:PFLC) last announced its earnings results on Friday, April 24th. The company reported $0.30 earnings per share for the quarter. The company had revenue of $13.29 million during the quarter.

About Pacific Financial

Pacific Financial Corporation operates as the bank holding company for Bank of the Pacific that provides various banking products and services in Washington and Oregon. The company offers personal and business checking, and savings accounts; certificates of deposit, individual retirement accounts, and other investment options; home loans; and auto and recreation loans, credit cards, and home equity line of credit. It also provides business and commercial loans, commercial real estate loans, and SBA guaranteed loans, as well as inventory, equipment, and working capital loans; Visa business cards; and treasury management, merchant, and online and mobile banking services.