Pinnacle Bankshares Co. (OTCMKTS:PPBN) Sees Significant Increase in Short Interest

Pinnacle Bankshares Co. (OTCMKTS:PPBN) was the recipient of a significant 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 days-to-cover ratio is presently 1.1 days.

Pinnacle Bankshares Price Performance

Shares of OTCMKTS:PPBN remained flat at $31.86 during trading on Friday. The stock has a market capitalization of $70.63 million, a P/E ratio of 7.66 and a beta of 0.45. Pinnacle Bankshares has a 1 year low of $26.25 and a 1 year high of $32.00. The firm has a 50 day moving average of $30.87 and a two-hundred day moving average of $30.39.

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

Pinnacle Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, February 21st. This represents a $1.00 annualized dividend and a 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.