Dacotah Banks, Inc. (OTCMKTS:DBIN) Sees Significant Growth in Short Interest

Dacotah Banks, Inc. (OTCMKTS:DBIN) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 59 shares, a growth of 268.8% from the June 15th total of 16 shares. Based on an average daily trading volume, of 296 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Dacotah Banks Price Performance

DBIN remained flat at $46.00 during midday trading on Monday. The stock’s fifty day moving average price is $44.69 and its two-hundred day moving average price is $43.22. The firm has a market capitalization of $510.60 million, a price-to-earnings ratio of 10.72 and a beta of -0.05. Dacotah Banks has a 52-week low of $34.50 and a 52-week high of $48.00.

Dacotah Banks (OTCMKTS:DBIN) last posted its earnings results on Thursday, May 7th. The company reported $1.24 earnings per share for the quarter.

About Dacotah Banks

Dacotah Banks (OTCMKTS:DBIN) is a state-chartered, FDIC-insured community bank headquartered in Huron, South Dakota. Through its branch network in eastern South Dakota and western Minnesota, the bank offers a range of personal banking services, including checking and savings accounts, consumer lending and residential mortgage solutions. Online and mobile banking platforms complement these offerings with tools such as mobile deposit, electronic statements and bill pay.

On the commercial side, Dacotah Banks provides business and agricultural lending, treasury management, merchant services and cash management solutions.