Prime Meridian Holding (OTCMKTS:PMHG) Short Interest Update

Prime Meridian Holding (OTCMKTS:PMHG - Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 600 shares, an increase of 500.0% from the April 30th total of 100 shares. Based on an average daily volume of 7,900 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Prime Meridian Price Performance

Shares of Prime Meridian stock traded up $0.10 during trading on Monday, hitting $49.00. 6,450 shares of the company were exchanged, compared to its average volume of 4,289. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.11. Prime Meridian has a fifty-two week low of $21.70 and a fifty-two week high of $54.00. The stock has a market capitalization of $165.03 million, a price-to-earnings ratio of 19.14 and a beta of 0.19. The firm has a 50 day moving average price of $40.27 and a 200 day moving average price of $32.80.

Prime Meridian (OTCMKTS:PMHG - Get Free Report) last released its earnings results on Monday, April 21st. The company reported $0.64 EPS for the quarter. The firm had revenue of $8.41 million during the quarter. Prime Meridian had a net margin of 16.86% and a return on equity of 10.05%.

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.