Pacific Financial Co. (OTCMKTS:PFLC) Sees Large Increase in Short Interest

Pacific Financial Co. (OTCMKTS:PFLC) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 219 shares, an increase of 1,052.6% from the January 15th total of 19 shares. Based on an average trading volume of 3,807 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 3,807 shares, the short-interest ratio is presently 0.1 days.

Pacific Financial Stock Up 0.6%

OTCMKTS PFLC traded up $0.08 during trading hours on Tuesday, hitting $13.18. The company had a trading volume of 15,600 shares, compared to its average volume of 5,476. The firm’s 50 day moving average is $12.73 and its 200 day moving average is $11.97. Pacific Financial has a fifty-two week low of $9.70 and a fifty-two week high of $13.50.

Pacific Financial (OTCMKTS:PFLC) last issued its earnings results on Friday, January 30th. The company reported $0.31 earnings per share for the quarter. The company had revenue of $14.00 million during the quarter.

About Pacific Financial

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.