Pacific Alliance Bank (OTCMKTS:PFBN – Get Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 31 shares, a growth of ∞ from the July 30th total of 0 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 92 shares, the days-to-cover ratio is presently 0.3 days.
Pacific Alliance Bank Stock Performance
Pacific Alliance Bank stock remained flat at $9.30 during trading on Monday. The stock has a 50 day simple moving average of $8.83 and a 200 day simple moving average of $8.44. Pacific Alliance Bank has a 1-year low of $7.95 and a 1-year high of $9.35.
About Pacific Alliance Bank
Pacific Alliance Bank is a full-service commercial bank headquartered in Los Angeles, California. Established in 2001, the institution specializes in serving small to medium-sized businesses, with a particular focus on facilitating cross-border trade between the United States and Asian markets. Through its parent holding company, Pacific Alliance Bancorp, the bank has developed expertise in trade finance and foreign exchange services designed to support importers and exporters.
The bank’s product portfolio includes business deposit accounts, cash management solutions, commercial real estate lending, lines of credit and construction financing.
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