Short Interest in Pinnacle Bank (OTCMKTS:PBNK) Increases By 50.0%

Pinnacle Bank (OTCMKTS:PBNK) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 300 shares, a growth of 50.0% from the March 15th total of 200 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is currently 0.0 days.

Pinnacle Bank Stock Performance

Shares of PBNK remained flat at $15.75 during trading hours on Friday. The stock had a trading volume of 7,008 shares, compared to its average volume of 7,976. The company has a market cap of $91.82 million, a price-to-earnings ratio of 7.61 and a beta of 0.57. Pinnacle Bank has a one year low of $9.01 and a one year high of $17.49. The firm has a fifty day moving average of $15.56 and a 200 day moving average of $14.56.

Pinnacle Bank (OTCMKTS:PBNK) last issued its earnings results on Thursday, January 25th. The company reported $0.58 earnings per share for the quarter. The company had revenue of $10.74 million for the quarter. Pinnacle Bank had a return on equity of 15.78% and a net margin of 23.16%.

About Pinnacle Bank

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.