Prime Meridian Holding Company (OTCMKTS:PMHG) Sees Significant Decrease in Short Interest

Prime Meridian Holding Company (OTCMKTS:PMHG - Get Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 800 shares, adropof33.3% from the June 30th total of 1,200 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is currently 0.2 days. Approximately0.0% of the shares of the stock are sold short. Approximately0.0% of the shares of the stock are sold short. Based on an average trading volume of 5,000 shares, the short-interest ratio is currently 0.2 days.

Prime Meridian Stock Performance

Shares of Prime Meridian stock remained flat at $49.70 during trading on Friday. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.06. Prime Meridian has a 12 month low of $22.76 and a 12 month high of $54.00. The company has a market capitalization of $167.49 million, a P/E ratio of 20.04 and a beta of 0.17. The firm's 50 day simple moving average is $49.09 and its 200 day simple moving average is $38.90.

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

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.