Pacific Financial Co. (OTCMKTS:PFLC) Short Interest Update

Pacific Financial Co. (OTCMKTS:PFLC) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,200 shares, an increase of 2,100.0% from the March 15th total of 100 shares. Based on an average trading volume of 3,400 shares, the days-to-cover ratio is presently 0.6 days.

Pacific Financial Price Performance

Shares of PFLC stock remained flat at $10.10 on Monday. Pacific Financial has a fifty-two week low of $9.30 and a fifty-two week high of $13.00. The stock’s 50-day moving average price is $11.25 and its 200-day moving average price is $11.88.

Pacific Financial (OTCMKTS:PFLC) last announced its earnings results on Friday, January 31st. The company reported $0.21 earnings per share (EPS) for the quarter.

Pacific Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 5.54%. The ex-dividend date of this dividend was Friday, February 14th. Pacific Financial’s dividend payout ratio is currently 125.40%.

Pacific Financial Company Profile

Pacific Financial Corporation operates as the bank holding company for Bank of the Pacific that provides various banking products and services in Washington and Oregon. The company offers personal and business checking, and savings accounts; certificates of deposit, individual retirement accounts, and other investment options; home loans; and auto and recreation loans, credit cards, and home equity line of credit.