Short Interest in DimeCo Inc. (OTCMKTS:DIMC) Expands By 121.3%

DimeCo Inc. (OTCMKTS:DIMC) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 655 shares, a growth of 121.3% from the July 15th total of 296 shares. Based on an average daily volume of 940 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.

DimeCo Price Performance

DIMC opened at $62.75 on Friday. The firm’s 50-day simple moving average is $57.55 and its 200-day simple moving average is $51.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.87 and a current ratio of 0.87. DimeCo has a twelve month low of $38.20 and a twelve month high of $62.85. The firm has a market cap of $160.01 million, a price-to-earnings ratio of 8.55 and a beta of 0.02.

DimeCo (OTCMKTS:DIMC) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $2.01 earnings per share (EPS) for the quarter. The firm had revenue of $15.02 million during the quarter. DimeCo had a net margin of 23.92% and a return on equity of 14.92%.

About DimeCo

Dimeco, Inc operates as the bank holding company for The Dime Bank that provides banking products and services to individuals and businesses in Pennsylvania. It accepts various deposits, including checking, savings, and individual retirement accounts, as well as certificates of deposit. The company also provides consumer, home equity, mortgage, construction, student, business term, business vehicle, business equipment, capital improvement, and commercial real estate loans; business lines of credit; and acquisition financing and investment services.