Pacific Financial Co. (OTCMKTS:PFLC) Sees Significant Decline in Short Interest

Pacific Financial Co. (OTCMKTS:PFLC) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,045 shares, a decrease of 61.2% from the June 15th total of 2,693 shares. Based on an average daily trading volume, of 26,896 shares, the days-to-cover ratio is currently 0.0 days.

Pacific Financial Price Performance

Pacific Financial stock opened at $17.20 on Monday. Pacific Financial has a one year low of $10.76 and a one year high of $17.60. The business’s fifty day moving average is $16.88 and its 200 day moving average is $14.33.

Pacific Financial (OTCMKTS:PFLC) last posted its earnings results on Friday, April 24th. The company reported $0.30 EPS for the quarter. The company had revenue of $13.29 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.