Pacific Financial Co. (OTCMKTS:PFLC) Short Interest Up 1,052.6% in January

Pacific Financial Co. (OTCMKTS:PFLC) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 219 shares, an increase of 1,052.6% from the January 15th total of 19 shares. Based on an average daily volume of 3,807 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 3,807 shares, the days-to-cover ratio is currently 0.1 days.

Pacific Financial Trading Up 0.6%

Shares of PFLC stock traded up $0.08 during mid-day trading on Tuesday, reaching $13.18. The stock had a trading volume of 15,600 shares, compared to its average volume of 5,476. Pacific Financial has a 12-month low of $9.70 and a 12-month high of $13.50. The business has a 50-day simple moving average of $12.73 and a 200 day simple moving average of $11.97.

Pacific Financial (OTCMKTS:PFLC) last announced its earnings results on Friday, January 30th. The company reported $0.31 EPS for the quarter. The company had revenue of $14.00 million for the quarter.

Pacific Financial Company Profile

Pacific Financial Corporation operates as the bank holding company for Bank of the Pacific that provides various banking products and services in Washington and Oregon. The company offers personal and business checking, and savings accounts; certificates of deposit, individual retirement accounts, and other investment options; home loans; and auto and recreation loans, credit cards, and home equity line of credit. It also provides business and commercial loans, commercial real estate loans, and SBA guaranteed loans, as well as inventory, equipment, and working capital loans; Visa business cards; and treasury management, merchant, and online and mobile banking services.