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

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

Pinnacle Bankshares Stock Performance

PPBN stock remained flat at $31.86 during midday trading on Friday. The firm has a market capitalization of $70.63 million, a P/E ratio of 7.66 and a beta of 0.45. The company has a 50 day simple moving average of $30.87 and a two-hundred day simple moving average of $30.39. Pinnacle Bankshares has a fifty-two week low of $26.25 and a fifty-two week high of $32.00.

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

Pinnacle Bankshares Announces Dividend

The business 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 $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend is Friday, February 21st. Pinnacle Bankshares’s dividend payout ratio (DPR) is presently 24.04%.

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.