Pacific Financial Co. (OTCMKTS:PFLC) Sees Significant Growth in Short Interest

Pacific Financial Co. (OTCMKTS:PFLC) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 492 shares, a growth of 320.5% from the December 15th total of 117 shares. Based on an average daily volume of 1,994 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 1,994 shares, the days-to-cover ratio is currently 0.2 days.

Pacific Financial Stock Up 0.1%

PFLC stock opened at $12.74 on Wednesday. The stock’s 50 day simple moving average is $12.23 and its 200 day simple moving average is $11.66. Pacific Financial has a fifty-two week low of $9.70 and a fifty-two week high of $12.90.

Pacific Financial (OTCMKTS:PFLC) last released its quarterly earnings data on Friday, October 31st. The company reported $0.35 EPS for the quarter. The firm had revenue of $13.74 million for the quarter.

About Pacific Financial

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.