DimeCo Inc. (OTCMKTS:DIMC) Short Interest Down 95.2% in May

DimeCo Inc. (OTCMKTS:DIMC) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 1 shares, a decline of 95.2% from the May 14th total of 21 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 973 shares, the short-interest ratio is presently 0.0 days.

DimeCo Price Performance

OTCMKTS:DIMC opened at $54.00 on Wednesday. The firm has a market cap of $137.70 million, a PE ratio of 7.56 and a beta of 0.03. DimeCo has a 12 month low of $36.10 and a 12 month high of $54.25. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $50.79 and its two-hundred day moving average price is $47.33.

DimeCo (OTCMKTS:DIMC) last released its quarterly earnings results on Thursday, April 23rd. The company reported $1.89 EPS for the quarter. The firm had revenue of $14.66 million for the quarter. DimeCo had a net margin of 23.68% and a return on equity of 14.47%.

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.