Short Interest in Pinnacle Bank (OTCMKTS:PBNK) Declines By 25.0%

Pinnacle Bank (OTCMKTS:PBNK) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 600 shares, a decrease of 25.0% from the August 31st total of 800 shares. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is currently 0.1 days.

Pinnacle Bank Stock Up 0.7 %

PBNK traded up $0.14 during trading on Friday, reaching $19.14. 665 shares of the stock traded hands, compared to its average volume of 5,654. The stock’s 50-day moving average is $18.11 and its 200 day moving average is $16.72. Pinnacle Bank has a 12 month low of $12.85 and a 12 month high of $19.14. The stock has a market capitalization of $111.78 million, a PE ratio of 9.52 and a beta of 0.59.

Pinnacle Bank (OTCMKTS:PBNK) last announced its earnings results on Thursday, July 25th. The company reported $0.46 EPS for the quarter. The company had revenue of $10.20 million for the quarter. Pinnacle Bank had a return on equity of 12.92% and a net margin of 21.15%.

Pinnacle Bank Company Profile

Pinnacle Bank, a commercial bank, provides various depository and credit services in Santa Clara, San Benito, and Monterey counties. The company offers checking, savings, money market, sweep, and individual retirement accounts, as well as certificates of deposit and certificates of deposit account registry services.