DimeCo Inc. (OTCMKTS:DIMC) Sees Large Decrease in Short Interest

Key Points

• DimeCo Inc. (OTCMKTS:DIMC) experienced a 33.3% decrease in short interest, dropping from 300 shares to 200 shares in August.
• The company's stock is currently priced at $38.53, down 1.2%, with a market cap of $97.87 million.
• DimeCo reported $1.81 earnings per share for the last quarter, with a revenue of $13.15 million and a net margin of 21.55%.

DimeCo Inc. (OTCMKTS:DIMC - Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 200 shares, adropof33.3% from the July 31st total of 300 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 2,100 shares, the short-interest ratio is presently 0.1 days.

DimeCo Stock Down 1.2%

DIMC stock opened at $38.53 on Friday. The firm has a market cap of $97.87 million, a PE ratio of 6.36 and a beta of -0.06. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.86 and a current ratio of 0.86. The firm's fifty day moving average is $37.62 and its 200 day moving average is $37.36. DimeCo has a one year low of $35.55 and a one year high of $42.00.

DimeCo (OTCMKTS:DIMC - Get Free Report) last announced its earnings results on Thursday, July 24th. The company reported $1.81 earnings per share (EPS) for the quarter. The business had revenue of $13.15 million for the quarter. DimeCo had a net margin of 21.55% and a return on equity of 14.33%.

DimeCo Company Profile

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.

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