Pinnacle Bankshares Corp. (OTCMKTS:PPBN – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 134 shares, a drop of 82.3% from the October 15th total of 758 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 11,238 shares, the short-interest ratio is currently 0.0 days.
Pinnacle Bankshares Stock Performance
OTCMKTS PPBN remained flat at $61.35 during trading hours on Friday. The company’s stock had a trading volume of 300 shares, compared to its average volume of 3,361. The company has a market cap of $132.52 million, a price-to-earnings ratio of 8.42 and a beta of 0.28. Pinnacle Bankshares has a 1 year low of $39.29 and a 1 year high of $68.87. The business has a fifty day moving average of $62.90 and a two-hundred day moving average of $55.33.
Pinnacle Bankshares (OTCMKTS:PPBN – Get Free Report) last released its quarterly earnings data on Monday, October 26th. The financial services provider reported $1.66 earnings per share for the quarter. The business had revenue of $13.58 million for the quarter. Pinnacle Bankshares had a net margin of 24.07% and a return on equity of 14.33%.
About Pinnacle Bankshares
Pinnacle Bankshares Corporation is a Virginia-based bank holding company associated with First National Bank, a community bank headquartered in Altavista. The bank provides personal and business banking services to individuals, families, and local organizations. Its services include deposit accounts, consumer and commercial lending, and digital banking. First National Bank traces its roots to 1908 and serves communities in central Virginia, including the areas around Altavista and Lynchburg.
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