Pinnacle Bankshares Co. (OTCMKTS:PPBN) Short Interest Up 700.0% in February

Pinnacle Bankshares Co. (OTCMKTS:PPBN) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 800 shares, an increase of 700.0% from the January 31st total of 100 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 1.1 days.

Pinnacle Bankshares Trading Up 3.5 %

Shares of OTCMKTS:PPBN traded up $1.07 during midday trading on Thursday, hitting $31.86. 118 shares of the stock were exchanged, compared to its average volume of 2,916. Pinnacle Bankshares has a twelve month low of $26.25 and a twelve month high of $32.00. The company has a 50 day moving average price of $30.83 and a 200-day moving average price of $30.38. The stock has a market cap of $70.63 million, a P/E ratio of 7.66 and a beta of 0.45.

Pinnacle Bankshares (OTCMKTS:PPBN) last announced its quarterly earnings results on Friday, February 14th. The financial services provider reported $1.27 earnings per share (EPS) for the quarter. Pinnacle Bankshares had a net margin of 16.50% and a return on equity of 12.48%. The company had revenue of $11.96 million for the quarter.

Pinnacle Bankshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, February 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.14%. Pinnacle Bankshares’s dividend payout ratio (DPR) is presently 24.04%.

Pinnacle Bankshares Company Profile

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.