Short Interest in Prime Meridian Holding Company (OTCMKTS:PMHG) Drops By 41.4%

Prime Meridian Holding Company (OTCMKTS:PMHGGet Free Report) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 204 shares, a decline of 41.4% from the November 30th total of 348 shares. Based on an average daily volume of 4,573 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 4,573 shares, the short-interest ratio is presently 0.0 days.

Prime Meridian Price Performance

OTCMKTS PMHG traded down $0.01 on Friday, hitting $56.98. The company had a trading volume of 5,416 shares, compared to its average volume of 2,440. The company’s fifty day moving average price is $54.68 and its 200-day moving average price is $51.70. The company has a market capitalization of $192.59 million, a PE ratio of 22.98 and a beta of 0.07. Prime Meridian has a 12-month low of $26.50 and a 12-month high of $57.07.

Prime Meridian (OTCMKTS:PMHGGet Free Report) last released its earnings results on Tuesday, October 28th. The company reported $0.78 EPS for the quarter. The business had revenue of $8.97 million during the quarter. Prime Meridian had a net margin of 15.49% and a return on equity of 9.27%.

About Prime Meridian

(Get Free Report)

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits. Its loan products include commercial real estate, residential real estate and home equity, small business administration, construction, equipment, and commercial loans; and consumer and other loans comprising financing of automobiles, boats, and recreational vehicles, as well as issues standby letters and business lines of credit.

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