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

Key Points

• Prime Meridian Holding Company's short interest dropped by 50.0% in July, falling to 400 shares from 800 shares, which indicates a short-interest ratio of 0.1 days.
• The company's stock is currently trading at $49.40, with a 12-month range between $22.76 and $54.00.
• In its latest quarterly earnings report, Prime Meridian reported an EPS of $0.41, with a net margin of 15.55% and revenue of $8.90 million.

Prime Meridian Holding Company (OTCMKTS:PMHG - Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 400 shares, adropof50.0% from the July 15th total of 800 shares. Based on an average trading volume of 2,700 shares, the short-interest ratio is currently 0.1 days. Approximately0.0% of the company's stock are sold short. Approximately0.0% of the company's stock are sold short. Based on an average trading volume of 2,700 shares, the short-interest ratio is currently 0.1 days.

Prime Meridian Trading Down 0.3%

Shares of OTCMKTS:PMHG opened at $49.40 on Friday. Prime Meridian has a 12 month low of $22.76 and a 12 month high of $54.00. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.06. The company's fifty day simple moving average is $49.17 and its 200 day simple moving average is $40.48. The firm has a market cap of $166.48 million, a price-to-earnings ratio of 19.92 and a beta of 0.17.

Prime Meridian (OTCMKTS:PMHG - Get Free Report) last issued its quarterly earnings data on Friday, July 25th. The company reported $0.41 EPS 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 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.

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