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

Pacific Financial Co. (OTCMKTS:PFLC) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 68 shares, a decrease of 59.3% from the February 12th total of 167 shares. Based on an average daily volume of 8,429 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 8,429 shares, the days-to-cover ratio is presently 0.0 days.

Pacific Financial Stock Performance

OTCMKTS:PFLC traded down $0.07 during trading hours on Friday, hitting $12.90. The company’s stock had a trading volume of 1,650 shares, compared to its average volume of 5,058. Pacific Financial has a 52-week low of $9.70 and a 52-week high of $13.50. The stock has a fifty day moving average of $13.00 and a 200-day moving average of $12.23.

Pacific Financial (OTCMKTS:PFLC) last announced its quarterly earnings results on Friday, January 30th. The company reported $0.31 EPS for the quarter. The company had revenue of $14.00 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.