Short Interest in Pinnacle Bank (OTCMKTS:PBNK) Declines By 20.0%

Pinnacle Bank (OTCMKTS:PBNK) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 400 shares, a drop of 20.0% from the May 31st total of 500 shares. Based on an average daily volume of 3,400 shares, the short-interest ratio is presently 0.1 days.

Pinnacle Bank Stock Down 0.2 %

OTCMKTS:PBNK opened at $16.50 on Friday. The stock’s 50-day moving average price is $16.04 and its 200-day moving average price is $15.45. Pinnacle Bank has a 52 week low of $11.71 and a 52 week high of $17.49. The stock has a market capitalization of $96.36 million, a PE ratio of 8.22 and a beta of 0.58.

Pinnacle Bank (OTCMKTS:PBNK) last released its quarterly earnings results on Thursday, April 25th. The company reported $0.42 earnings per share for the quarter. The business had revenue of $10.16 million during the quarter. Pinnacle Bank had a net margin of 21.95% and a return on equity of 13.08%.

Pinnacle Bank Company Profile

Pinnacle Bank, a commercial bank, provides various depository and credit services in Santa Clara, San Benito, and Monterey counties. The company offers checking, savings, money market, sweep, and individual retirement accounts, as well as certificates of deposit and certificates of deposit account registry services.