Pinnacle Bank (OTCMKTS:PBNK) Sees Large Increase in Short Interest

Pinnacle Bank (OTCMKTS:PBNK) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 92 shares. Based on an average daily volume of 4,559 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Pinnacle Bank Price Performance

OTCMKTS PBNK remained flat at $18.35 on Tuesday. 2,044 shares of the company’s stock traded hands, compared to its average volume of 2,583. The business’s 50-day moving average price is $18.40 and its 200-day moving average price is $17.50. Pinnacle Bank has a 12-month low of $16.00 and a 12-month high of $20.70. The company has a market cap of $109.55 million, a P/E ratio of 26.21 and a beta of 0.24.

Pinnacle Bank (OTCMKTS:PBNK) last issued its earnings results on Thursday, July 30th. The company reported $0.25 EPS for the quarter. Pinnacle Bank had a return on equity of 3.88% and a net margin of 8.42%.The business had revenue of $8.19 million during the quarter.

Pinnacle Bank Company Profile

Pinnacle Bank (OTCMKTS:PBNK) is a community banking institution that provides financial services to individuals, families, businesses and other organizations. Its core activities generally center on gathering deposits and extending loans to support personal, commercial and real estate needs.

The bank’s products and services include checking and savings accounts, certificates of deposit, consumer loans, commercial lending and residential real estate financing. It also provides customary banking services such as online and mobile banking, electronic payments, cash management and other account-related services.

Pinnacle Bank operates through its local banking franchise and focuses on relationship-based service for the communities it serves.