Short Interest in DimeCo Inc. (OTCMKTS:DIMC) Increases By 117.4%

DimeCo Inc. (OTCMKTS:DIMC) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 187 shares, a growth of 117.4% from the June 15th total of 86 shares. Based on an average daily volume of 815 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

DimeCo Price Performance

Shares of OTCMKTS DIMC opened at $56.00 on Friday. 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 stock has a fifty day moving average price of $54.34 and a 200 day moving average price of $49.63. DimeCo has a 1-year low of $36.10 and a 1-year high of $57.00. The company has a market cap of $142.80 million, a PE ratio of 7.84 and a beta of 0.03.

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

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.