DimeCo Inc. (OTCMKTS:DIMC) Sees Significant Drop in Short Interest

DimeCo Inc. (OTCMKTS:DIMCGet Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 144 shares, a decrease of 78.0% from the July 30th total of 655 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 971 shares, the short-interest ratio is currently 0.1 days.

DimeCo Stock Performance

DIMC opened at $63.25 on Wednesday. The firm has a 50 day moving average of $58.76 and a two-hundred day moving average of $52.77. The firm has a market capitalization of $161.29 million, a PE ratio of 8.62 and a beta of 0.02. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.20. DimeCo has a 12-month low of $38.30 and a 12-month high of $63.25.

DimeCo (OTCMKTS:DIMCGet Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $2.01 earnings per share (EPS) for the quarter. DimeCo had a net margin of 23.92% and a return on equity of 14.92%. The company had revenue of $15.02 million during the quarter.

DimeCo Company Profile

(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.

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