Pacific Financial Co. (OTCMKTS:PFLC) Short Interest Up 320.5% in December

Pacific Financial Co. (OTCMKTS:PFLC) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 492 shares, an increase of 320.5% from the December 15th total of 117 shares. Based on an average daily volume of 1,994 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 1,994 shares, the short-interest ratio is currently 0.2 days.

Pacific Financial Stock Up 0.2%

Shares of PFLC stock opened at $12.76 on Thursday. Pacific Financial has a one year low of $9.70 and a one year high of $12.90. The stock has a fifty day moving average price of $12.25 and a 200 day moving average price of $11.67.

Pacific Financial (OTCMKTS:PFLC) last announced its quarterly earnings results on Friday, October 31st. The company reported $0.35 earnings per share (EPS) for the quarter. The business had revenue of $13.74 million during the quarter.

Pacific Financial Company Profile

Pacific Financial Corporation operates as the bank holding company for Bank of the Pacific that provides various banking products and services in Washington and Oregon. The company offers personal and business checking, and savings accounts; certificates of deposit, individual retirement accounts, and other investment options; home loans; and auto and recreation loans, credit cards, and home equity line of credit. It also provides business and commercial loans, commercial real estate loans, and SBA guaranteed loans, as well as inventory, equipment, and working capital loans; Visa business cards; and treasury management, merchant, and online and mobile banking services.