Short Interest in Pinnacle Bancshares Inc. (OTCMKTS:PCLB) Declines By 81.8%

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

Pinnacle Bancshares Price Performance

Shares of PCLB opened at $40.25 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.47 and a current ratio of 0.47. Pinnacle Bancshares has a 52 week low of $31.01 and a 52 week high of $42.91. The stock has a market capitalization of $36.23 million, a price-to-earnings ratio of 8.44 and a beta of 0.26. The stock has a fifty day moving average of $39.64 and a 200-day moving average of $37.95.

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

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.