DimeCo Inc. (OTCMKTS:DIMC) Short Interest Up 121.3% in July

DimeCo Inc. (OTCMKTS:DIMCGet Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 655 shares, an increase of 121.3% from the July 15th total of 296 shares. Based on an average daily trading volume, of 940 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are short sold.

DimeCo Price Performance

Shares of DIMC opened at $62.75 on Friday. The business’s fifty day moving average price is $57.55 and its two-hundred day moving average price is $51.90. The firm has a market capitalization of $160.01 million, a price-to-earnings ratio of 8.55 and a beta of 0.02. DimeCo has a 52 week low of $38.20 and a 52 week high of $62.85. 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:DIMCGet Free Report) last released its earnings results on Thursday, July 23rd. The company reported $2.01 earnings per share for the quarter. The company had revenue of $15.02 million during the quarter. DimeCo had a return on equity of 14.92% and a net margin of 23.92%.

About DimeCo

(Get Free Report)

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.

Further Reading

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