Pinnacle Bank (OTCMKTS:PBNK) Short Interest Update

Pinnacle Bank (OTCMKTS:PBNK - Get Free Report) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 800 shares, an increase of 166.7% from the May 15th total of 300 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Pinnacle Bank Price Performance

OTCMKTS:PBNK remained flat at $20.50 during trading hours on Friday. Pinnacle Bank has a one year low of $16.05 and a one year high of $20.75. The company's fifty day moving average price is $19.09 and its 200-day moving average price is $18.97. The company has a market cap of $121.50 million, a price-to-earnings ratio of 11.52 and a beta of 0.33.

Pinnacle Bank (OTCMKTS:PBNK - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.32 earnings per share (EPS) for the quarter. The business had revenue of $9.13 million during the quarter. Pinnacle Bank had a return on equity of 11.16% and a net margin of 19.06%.

Pinnacle Bank Company Profile

Pinnacle Bank, a commercial bank, provides various depository and credit services in Santa Clara, San Benito, and Monterey counties. The company offers checking, savings, money market, sweep, and individual retirement accounts, as well as certificates of deposit and certificates of deposit account registry services.