Pinnacle Bankshares Corp. (OTCMKTS:PPBN) Short Interest Up 62.5% in August

Pinnacle Bankshares Corp. (OTCMKTS:PPBN) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 907 shares, a growth of 62.5% from the July 30th total of 558 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,628 shares, the short-interest ratio is currently 0.6 days.

Pinnacle Bankshares Stock Down 0.4%

Pinnacle Bankshares stock opened at $65.39 on Wednesday. Pinnacle Bankshares has a 52 week low of $36.78 and a 52 week high of $68.87. The stock has a 50-day moving average price of $60.44 and a 200 day moving average price of $53.33. The company has a market capitalization of $141.24 million, a price-to-earnings ratio of 9.38 and a beta of 0.28.

Pinnacle Bankshares (OTCMKTS:PPBN) last released its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $1.61 earnings per share for the quarter. Pinnacle Bankshares had a net margin of 23.60% and a return on equity of 14.00%. The firm had revenue of $17.22 million for the quarter.

About Pinnacle Bankshares

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. Its loan products include residential and commercial mortgage loans, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit, and letters of credit.