Short Interest in DimeCo Inc. (OTCMKTS:DIMC) Increases By 8,500.0%

DimeCo Inc. (OTCMKTS:DIMC) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 86 shares, an increase of 8,500.0% from the May 31st total of 1 shares. Based on an average daily volume of 5,309 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

DimeCo Stock Performance

OTCMKTS:DIMC opened at $55.51 on Friday. The company has a market cap of $141.50 million, a PE ratio of 7.77 and a beta of 0.03. The business’s 50 day moving average is $52.78 and its two-hundred day moving average is $48.33. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.20. DimeCo has a 52 week low of $36.10 and a 52 week high of $55.51.

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

DimeCo Company Profile

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.