PB Financial Co. (OTCMKTS:PBNC) Sees Significant Drop in Short Interest

PB Financial Co. (OTCMKTS:PBNC) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 16 shares, a drop of 61.9% from the May 31st total of 42 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 127 shares, the days-to-cover ratio is currently 0.1 days.

PB Financial Price Performance

Shares of OTCMKTS PBNC remained flat at $68.50 during midday trading on Monday. 100 shares of the stock traded hands, compared to its average volume of 419. The stock has a market cap of $374.01 million, a price-to-earnings ratio of 26.97 and a beta of 0.57. The company’s 50 day simple moving average is $71.13 and its two-hundred day simple moving average is $63.81. PB Financial has a one year low of $49.51 and a one year high of $78.93.

About PB Financial

PB Financial Corporation operates as the financial holding company for Providence Bank that provides commercial and retail banking products and services. Its personal banking products and services include checking accounts, savings accounts, money market accounts, certificate of deposit (CD), and individual retirement accounts; online banking services; E-delivery; loans, including credit cards, consumer loans, equity lines, and mortgages, as well as personal lines of credit; and other products. The company's business banking products and services comprise checking accounts, commercial money market accounts, business savings accounts, CDs, and lawyer's trust accounts; online banking; E-delivery; cash management; remote deposit; commercial loans for machinery, equipment, vehicles, office/warehouse/land purchases and improvements, refinances, balance sheet expansion, investment property, and leasehold improvements; lines of credit for working capital, agriculture, inventory, and seasonal needs; remote deposit capture services; and other products.