Short Interest in Prime Meridian Holding (OTCMKTS:PMHG) Rises By 200.0%

Prime Meridian Holding (OTCMKTS:PMHG) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 300 shares, a growth of 200.0% from the December 15th total of 100 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is presently 0.1 days.

Prime Meridian Trading Down 0.9 %

OTCMKTS PMHG traded down $0.25 during trading on Tuesday, hitting $27.50. The stock had a trading volume of 600 shares, compared to its average volume of 1,440. The stock has a market capitalization of $90.42 million, a price-to-earnings ratio of 11.18 and a beta of 0.52. The stock has a 50 day simple moving average of $29.04 and a 200 day simple moving average of $26.07. Prime Meridian has a one year low of $20.15 and a one year high of $30.99. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.95 and a current ratio of 0.96.

Prime Meridian (OTCMKTS:PMHG) last announced its quarterly earnings data on Friday, October 25th. The company reported $0.78 EPS for the quarter. Prime Meridian had a return on equity of 9.76% and a net margin of 16.83%. The company had revenue of $8.47 million for the quarter.

About Prime Meridian

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.