Short Interest in Pinnacle Bankshares Co. (OTCMKTS:PPBN) Expands By 700.0%

Pinnacle Bankshares Co. (OTCMKTS:PPBN) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 800 shares, a growth of 700.0% from the January 31st total of 100 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 1.1 days.

Pinnacle Bankshares Trading Down 0.0 %

OTCMKTS PPBN traded down $0.01 during trading on Friday, hitting $31.85. 485 shares of the company’s stock were exchanged, compared to its average volume of 2,799. The company has a market cap of $70.61 million, a PE ratio of 7.66 and a beta of 0.45. Pinnacle Bankshares has a fifty-two week low of $26.25 and a fifty-two week high of $32.00. The stock’s 50 day moving average price is $30.88 and its two-hundred day moving average price is $30.40.

Pinnacle Bankshares (OTCMKTS:PPBN) last released its quarterly earnings data on Friday, February 14th. The financial services provider reported $1.27 earnings per share (EPS) for the quarter. The business had revenue of $11.96 million during the quarter. Pinnacle Bankshares had a net margin of 16.50% and a return on equity of 12.48%.

Pinnacle Bankshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, February 21st. This represents a $1.00 annualized dividend and a dividend yield of 3.14%. Pinnacle Bankshares’s dividend payout ratio (DPR) is presently 24.04%.

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.