Dacotah Banks, Inc. (OTCMKTS:DBIN) Sees Significant Increase in Short Interest

Dacotah Banks, Inc. (OTCMKTS:DBIN) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 59 shares, an increase of 268.8% from the June 15th total of 16 shares. Based on an average trading volume of 296 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Dacotah Banks Stock Performance

Shares of OTCMKTS DBIN remained flat at $46.00 during mid-day trading on Friday. The company has a market capitalization of $510.60 million, a P/E ratio of 10.72 and a beta of -0.05. The company has a 50-day simple moving average of $44.69 and a two-hundred day simple moving average of $43.20. Dacotah Banks has a 52-week low of $34.50 and a 52-week high of $48.00.

Dacotah Banks (OTCMKTS:DBIN) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.24 earnings per share for the quarter.

Dacotah Banks Company Profile

Dacotah Banks (OTCMKTS:DBIN) is a state-chartered, FDIC-insured community bank headquartered in Huron, South Dakota. Through its branch network in eastern South Dakota and western Minnesota, the bank offers a range of personal banking services, including checking and savings accounts, consumer lending and residential mortgage solutions. Online and mobile banking platforms complement these offerings with tools such as mobile deposit, electronic statements and bill pay.

On the commercial side, Dacotah Banks provides business and agricultural lending, treasury management, merchant services and cash management solutions.