Short Interest in DimeCo Inc. (OTCMKTS:DIMC) Expands By 365.6%

DimeCo Inc. (OTCMKTS:DIMC) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 838 shares, a growth of 365.6% from the April 15th total of 180 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,474 shares, the short-interest ratio is currently 0.6 days.

DimeCo Stock Performance

DIMC opened at $52.60 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.87 and a quick ratio of 0.87. The firm has a fifty day moving average price of $48.56 and a 200 day moving average price of $45.87. DimeCo has a 1 year low of $36.10 and a 1 year high of $53.00. The stock has a market cap of $134.13 million, a P/E ratio of 7.37 and a beta of 0.03.

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

About DimeCo

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.