Short Interest in Pacific Financial Co. (OTCMKTS:PFLC) Drops By 23.7%

Pacific Financial Co. (OTCMKTS:PFLC) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 167 shares, a drop of 23.7% from the January 29th total of 219 shares. Based on an average trading volume of 12,196 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 12,196 shares, the days-to-cover ratio is currently 0.0 days.

Pacific Financial Stock Performance

PFLC opened at $13.02 on Monday. The firm’s 50-day moving average price is $12.95 and its 200-day moving average price is $12.14. Pacific Financial has a 52-week low of $9.70 and a 52-week high of $13.50.

Pacific Financial (OTCMKTS:PFLC) last released its 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.