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

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

Pinnacle Bankshares Stock Performance

OTCMKTS:PPBN opened at $56.50 on Thursday. The firm has a market cap of $122.04 million, a price-to-earnings ratio of 10.84 and a beta of 0.27. The firm has a 50-day moving average price of $53.77 and a two-hundred day moving average price of $49.02. Pinnacle Bankshares has a 52 week low of $32.82 and a 52 week high of $56.50.

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

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.