Prime Meridian Holding Company (OTCMKTS:PMHG) Short Interest Down 41.4% in December

Prime Meridian Holding Company (OTCMKTS:PMHG) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 204 shares, a drop of 41.4% from the November 30th total of 348 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 4,573 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 4,573 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Prime Meridian Stock Performance

Shares of Prime Meridian stock traded down $0.19 during trading on Tuesday, hitting $56.80. 300 shares of the stock were exchanged, compared to its average volume of 4,926. Prime Meridian has a 12 month low of $26.50 and a 12 month high of $57.07. The stock’s fifty day moving average is $54.74 and its 200 day moving average is $51.77. The stock has a market cap of $191.98 million, a PE ratio of 22.90 and a beta of 0.07.

Prime Meridian (OTCMKTS:PMHG) last posted its earnings results on Tuesday, October 28th. The company reported $0.78 earnings per share (EPS) for the quarter. Prime Meridian had a net margin of 15.49% and a return on equity of 9.27%. The firm had revenue of $8.97 million during the quarter.

Prime Meridian Company Profile

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits. Its loan products include commercial real estate, residential real estate and home equity, small business administration, construction, equipment, and commercial loans; and consumer and other loans comprising financing of automobiles, boats, and recreational vehicles, as well as issues standby letters and business lines of credit.