DimeCo Inc. (OTCMKTS:DIMC) Short Interest Update

DimeCo Inc. (OTCMKTS:DIMC) was the target of a significant increase in short interest in the month of 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. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 940 shares, the days-to-cover ratio is presently 0.7 days.

DimeCo Price Performance

DIMC remained flat at $62.75 on Friday. 1 shares of the company were exchanged, compared to its average volume of 421. The business has a 50-day moving average price of $57.55 and a 200 day moving average price of $51.90. DimeCo has a 52-week low of $38.20 and a 52-week high of $62.85. The stock has a market cap of $160.26 million, a P/E ratio of 8.55 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 (OTCMKTS:DIMC) last released its earnings results on Thursday, July 23rd. The company reported $2.01 earnings per share (EPS) for the quarter. The company had revenue of $15.02 million during the quarter. DimeCo had a net margin of 23.92% and a return on equity of 14.92%.

About DimeCo

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.