Pinnacle Bancshares Inc. (OTCMKTS:PCLB) Short Interest Up 100.0% in August

Pinnacle Bancshares Inc. (OTCMKTS:PCLB) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 36 shares, a growth of 100.0% from the July 30th total of 18 shares. Based on an average daily volume of 830 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Pinnacle Bancshares Stock Performance

Shares of OTCMKTS PCLB opened at $42.00 on Friday. The firm’s 50 day moving average price is $40.59 and its 200-day moving average price is $38.70. The company has a market cap of $37.80 million, a PE ratio of 8.81 and a beta of 0.26. Pinnacle Bancshares has a 52-week low of $31.01 and a 52-week high of $42.91. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.47 and a current ratio of 0.47.

Pinnacle Bancshares (OTCMKTS:PCLB) last announced its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.14 earnings per share for the quarter. Pinnacle Bancshares had a net margin of 23.47% and a return on equity of 19.59%. The company had revenue of $3.32 million during the quarter.

About Pinnacle Bancshares

Pinnacle Bancshares, Inc operates as the bank holding company for Pinnacle Bank that provides various banking products and services. The company provides checking accounts, savings accounts, and demand and time deposits. It also offers personal lending for automobile, boat, jet ski, motor home, travel trailers, manufactured home, tractor, ATV, personal line of credit, and others; mortgage products, such as residential purchase and refinance, investment property, consumer construction, consumer 2nd mortgage, veterans administration loans, federal housing administration loans, land loans, home equity line of credit, and home improvement/renovation; commercial lending products, including purchase, construction, and refinance of residential rental property and commercial real estate, as well as residential rental property improvements, land acquisition, investment, and development; commercial construction; and SBA lending.