Pacific Alliance Bank (OTCMKTS:PFBN – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 100 shares, a drop of 50.0% from the September 15th total of 200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 36 shares, the days-to-cover ratio is presently 2.8 days.
Pacific Alliance Bank Price Performance
Shares of PFBN remained flat at $11.98 during trading hours on Friday. Pacific Alliance Bank has a one year low of $7.95 and a one year high of $11.98. The firm’s 50 day moving average price is $10.63 and its 200-day moving average price is $9.20.
About Pacific Alliance Bank
Pacific Alliance Bank (OTCMKTS: PFBN) is a community bank focused on serving businesses, individuals and organizations in Northern California. The bank provides traditional deposit products, including checking and savings accounts, certificates of deposit and related cash-management services.
Its lending activities include commercial and small-business loans, commercial real estate financing, residential real estate loans and consumer lending. Pacific Alliance Bank also offers online and mobile banking, treasury-management tools and other banking services designed to support local businesses and individual customers.
The bank operates with a relationship-based community banking model, emphasizing personalized service and local decision-making.
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