Dacotah Banks, Inc. (OTCMKTS:DBIN) Sees Significant Increase in Short Interest

Dacotah Banks, Inc. (OTCMKTS:DBIN) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 59 shares, an increase of 268.8% from the June 15th total of 16 shares. Based on an average daily trading volume, of 296 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Dacotah Banks Price Performance

DBIN stock remained flat at $46.00 during midday trading on Friday. Dacotah Banks has a 12 month low of $34.50 and a 12 month high of $48.00. The stock has a market cap of $510.60 million, a PE ratio of 10.72 and a beta of -0.05. The stock has a fifty day moving average of $44.69 and a two-hundred day moving average of $43.20.

Dacotah Banks (OTCMKTS:DBIN) last issued its earnings results on Thursday, May 7th. The company reported $1.24 EPS for the quarter.

Dacotah Banks Company Profile

Dacotah Banks (OTCMKTS:DBIN) is a state-chartered, FDIC-insured community bank headquartered in Huron, South Dakota. Through its branch network in eastern South Dakota and western Minnesota, the bank offers a range of personal banking services, including checking and savings accounts, consumer lending and residential mortgage solutions. Online and mobile banking platforms complement these offerings with tools such as mobile deposit, electronic statements and bill pay.

On the commercial side, Dacotah Banks provides business and agricultural lending, treasury management, merchant services and cash management solutions.