Short Interest in Dacotah Banks, Inc. (OTCMKTS:DBIN) Declines By 72.9%

Dacotah Banks, Inc. (OTCMKTS:DBIN) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 16 shares, a drop of 72.9% from the June 30th total of 59 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,052 shares, the days-to-cover ratio is presently 0.0 days.

Dacotah Banks Price Performance

DBIN stock traded up $2.48 during midday trading on Friday, hitting $48.48. The stock had a trading volume of 4 shares, compared to its average volume of 554. The firm has a market cap of $538.13 million, a price-to-earnings ratio of 11.30 and a beta of -0.05. The business has a 50-day moving average of $45.32 and a two-hundred day moving average of $43.67. Dacotah Banks has a 52-week low of $35.10 and a 52-week high of $51.00.

Dacotah Banks (OTCMKTS:DBIN) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.24 earnings per share (EPS) for the quarter.

Dacotah Banks Company Profile

Dacotah Banks (OTCMKTS:DBIN) is a state-chartered, FDIC-insured community bank headquartered in Huron, South Dakota. Through its branch network in eastern South Dakota and western Minnesota, the bank offers a range of personal banking services, including checking and savings accounts, consumer lending and residential mortgage solutions. Online and mobile banking platforms complement these offerings with tools such as mobile deposit, electronic statements and bill pay.

On the commercial side, Dacotah Banks provides business and agricultural lending, treasury management, merchant services and cash management solutions.