Pacific Financial Co. (OTCMKTS:PFLC) Short Interest Update

Pacific Financial Co. (OTCMKTS:PFLC) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 2,200 shares, a growth of 2,100.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 3,400 shares, the days-to-cover ratio is presently 0.6 days.

Pacific Financial Stock Performance

Shares of OTCMKTS:PFLC remained flat at $10.10 on Monday. The stock has a 50-day moving average of $11.25 and a two-hundred day moving average of $11.88. Pacific Financial has a twelve month low of $9.30 and a twelve month high of $13.00.

Pacific Financial (OTCMKTS:PFLC) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.21 earnings per share (EPS) for the quarter.

Pacific Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 5.54%. The ex-dividend date was Friday, February 14th. Pacific Financial’s dividend payout ratio is presently 125.40%.

About Pacific Financial

Pacific Financial Corporation operates as the bank holding company for Bank of the Pacific that provides various banking products and services in Washington and Oregon. The company offers personal and business checking, and savings accounts; certificates of deposit, individual retirement accounts, and other investment options; home loans; and auto and recreation loans, credit cards, and home equity line of credit.