Prime Meridian Holding Company (OTCMKTS:PMHG) Short Interest Up 50.0% in August

Prime Meridian Holding Company (OTCMKTS:PMHG) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 600 shares, anincreaseof50.0% from the July 31st total of 400 shares. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is presently 0.1 days.

Prime Meridian Stock Performance

PMHG stock opened at $51.25 on Friday. The firm has a market cap of $172.71 million, a price-to-earnings ratio of 20.67 and a beta of 0.18. The firm has a 50-day simple moving average of $49.53 and a two-hundred day simple moving average of $42.75. Prime Meridian has a one year low of $23.75 and a one year high of $54.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.95 and a current ratio of 0.96.

Prime Meridian (OTCMKTS:PMHG) last posted its quarterly earnings data on Friday, July 25th. The company reported $0.41 earnings per share (EPS) for the quarter. Prime Meridian had a net margin of 15.55% and a return on equity of 9.35%. The firm had revenue of $8.90 million for the quarter.

Prime Meridian Company Profile

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits.