Short Interest in DimeCo Inc. (OTCMKTS:DIMC) Expands By 365.6%

DimeCo Inc. (OTCMKTS:DIMC) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 838 shares, an increase of 365.6% from the April 15th total of 180 shares. Based on an average daily volume of 1,474 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

DimeCo Stock Performance

OTCMKTS:DIMC opened at $52.60 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.87 and a current ratio of 0.87. The company has a fifty day moving average of $48.56 and a two-hundred day moving average of $45.87. The stock has a market capitalization of $134.13 million, a PE ratio of 7.37 and a beta of 0.03. DimeCo has a fifty-two week low of $36.10 and a fifty-two week high of $53.00.

DimeCo (OTCMKTS:DIMC) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $1.89 earnings per share for the quarter. The company had revenue of $14.66 million during the quarter. DimeCo had a net margin of 23.68% and a return on equity of 14.47%.

About DimeCo

Dimeco, Inc operates as the bank holding company for The Dime Bank that provides banking products and services to individuals and businesses in Pennsylvania. It accepts various deposits, including checking, savings, and individual retirement accounts, as well as certificates of deposit. The company also provides consumer, home equity, mortgage, construction, student, business term, business vehicle, business equipment, capital improvement, and commercial real estate loans; business lines of credit; and acquisition financing and investment services.