Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) Sees Significant Growth in Short Interest

robot
Abstract generation in progress

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) experienced a substantial 45.9% increase in short interest during March, reaching 55,373 shares, which represents about 1.3% of its outstanding shares. This increase results in a short-interest ratio of 2.6 days based on average daily trading volume. The company recently raised its quarterly dividend to $0.21 per share and reported a quarterly EPS of $1.21, while institutional investors hold 43.83% of the stock.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin