DimeCo Inc. (OTCMKTS:DIMC) Short Interest Up 8,500.0% in June

DimeCo Inc. (OTCMKTS:DIMC) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 86 shares, an increase of 8,500.0% from the May 31st total of 1 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 5,309 shares, the short-interest ratio is presently 0.0 days.

DimeCo Price Performance

OTCMKTS DIMC traded up $0.01 during trading on Thursday, reaching $55.51. 600 shares of the company traded hands, compared to its average volume of 1,964. DimeCo has a 1-year low of $36.10 and a 1-year high of $55.51. The company has a market cap of $141.55 million, a price-to-earnings ratio of 7.77 and a beta of 0.03. The stock’s 50 day moving average price is $52.63 and its two-hundred day moving average price is $48.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.87 and a current ratio of 0.87.

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

DimeCo Company Profile

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.