Prime Meridian Holding Company (OTCMKTS:PMHG) Short Interest Update

Key Points

• Prime Meridian Holding Company's short interest increased by 50.0% in August, rising to 600 shares compared to 400 shares in July.
• The company reported earnings of $0.41 per share for the quarter ending July 25th, with a net margin of 15.55% and revenue of $8.90 million.
• As of recent data, PMHG stock is trading at $51.25, with a market capitalization of approximately $172.71 million.

Prime Meridian Holding Company (OTCMKTS:PMHG - Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 15th, there was short interest totaling 600 shares, an increase of 50.0% from the July 31st total of 400 shares. Based on an average trading volume of 6,900 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 6,900 shares, the short-interest ratio is currently 0.1 days.

Prime Meridian Trading Up 0.0%

Shares of PMHG traded up $0.01 during trading on Friday, reaching $51.00. 612 shares of the company traded hands, compared to its average volume of 4,008. Prime Meridian has a twelve month low of $23.75 and a twelve month high of $54.00. The stock has a market cap of $171.87 million, a PE ratio of 20.56 and a beta of 0.18. The stock has a 50-day simple moving average of $49.70 and a 200-day simple moving average of $43.28. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.06.

Prime Meridian (OTCMKTS:PMHG - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The company reported $0.41 earnings per share for the quarter. Prime Meridian had a net margin of 15.55% and a return on equity of 9.35%. The business had revenue of $8.90 million during 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.