Dacotah Banks, Inc. (OTCMKTS:DBIN) Short Interest Down 72.9% in July

Dacotah Banks, Inc. (OTCMKTS:DBIN) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 16 shares, a decline of 72.9% from the June 30th total of 59 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,052 shares, the short-interest ratio is presently 0.0 days.

Dacotah Banks Price Performance

Shares of OTCMKTS DBIN traded up $1.38 on Tuesday, hitting $51.00. The company’s stock had a trading volume of 1,199 shares, compared to its average volume of 1,044. The stock has a 50 day moving average of $45.43 and a 200-day moving average of $43.78. The company has a market capitalization of $566.10 million, a price-to-earnings ratio of 11.89 and a beta of -0.05. Dacotah Banks has a 12-month low of $35.10 and a 12-month high of $51.00.

Dacotah Banks (OTCMKTS:DBIN) last issued its quarterly earnings data 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.