DimeCo Inc. (OTCMKTS:DIMC) Sees Significant Increase in Short Interest

DimeCo Inc. (OTCMKTS:DIMC) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 690 shares, a growth of 17,150.0% from the September 15th total of 4 shares. Based on an average daily volume of 3,039 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

DimeCo Price Performance

DIMC opened at $63.38 on Friday. DimeCo has a one year low of $38.44 and a one year high of $65.25. The company’s 50 day simple moving average is $63.34 and its 200-day simple moving average is $56.56. The stock has a market capitalization of $162.19 million, a P/E ratio of 8.63 and a beta of 0.03.

DimeCo (OTCMKTS:DIMC) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $2.01 earnings per share for the quarter. The firm had revenue of $15.02 million during the quarter. DimeCo had a net margin of 23.92% and a return on equity of 14.92%.

About DimeCo

DimeCo, Inc (OTCMKTS:DIMC) is a bank holding company headquartered in Honesdale, Pennsylvania. Through its principal subsidiary, The Dime Bank, the company provides community banking services to individuals, families and businesses.

The Dime Bank offers deposit accounts, consumer and commercial lending, residential mortgages, home equity products, online and mobile banking, and other traditional financial services. Its business banking offerings include commercial loans, business deposit accounts and cash-management services.

DimeCo serves customers primarily in northeastern Pennsylvania through its branch network and digital banking channels.