Pinnacle Bankshares Corp. (OTCMKTS:PPBN) Short Interest Update

Pinnacle Bankshares Corp. (OTCMKTS:PPBN) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 701 shares, a growth of 96.9% from the June 15th total of 356 shares. Based on an average trading volume of 2,643 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Pinnacle Bankshares Price Performance

OTCMKTS PPBN opened at $56.50 on Thursday. The company has a market cap of $122.04 million, a price-to-earnings ratio of 10.84 and a beta of 0.27. Pinnacle Bankshares has a 52 week low of $32.82 and a 52 week high of $56.50. The business has a 50 day moving average price of $53.77 and a 200-day moving average price of $49.02.

Pinnacle Bankshares (OTCMKTS:PPBN) last issued its earnings results on Tuesday, April 28th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter. Pinnacle Bankshares had a return on equity of 13.24% and a net margin of 19.32%.The company had revenue of $12.27 million for the quarter.

About Pinnacle Bankshares

Pinnacle Bankshares Corporation operates as the bank holding company for First National Bank that provides a range of commercial and retail banking products and services. The company accepts checking accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and money market accounts. Its loan products include residential and commercial mortgage loans, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit, and letters of credit.