Potomac Bancshares, Inc. (OTCMKTS:PTBS) Sees Significant Increase in Short Interest

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 367 shares, an increase of 773.8% from the February 26th total of 42 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,290 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 1,290 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Potomac Bancshares Price Performance

Shares of OTCMKTS:PTBS opened at $19.75 on Wednesday. Potomac Bancshares has a 1 year low of $14.59 and a 1 year high of $20.28. The firm has a market capitalization of $88.68 million, a PE ratio of 9.14 and a beta of 0.21. The business’s 50 day moving average price is $19.50 and its 200-day moving average price is $18.82.

Potomac Bancshares (OTCMKTS:PTBS) last posted its quarterly earnings data on Thursday, January 29th. The company reported $0.52 EPS for the quarter. The firm had revenue of $10.83 million during the quarter.

Potomac Bancshares Company Profile

Potomac Bancshares, Inc serves as the bank holding company for Potomac Bank, a community-focused financial institution headquartered in McLean, Virginia. The company’s primary business activities include accepting deposits, extending credit, and providing payment and treasury management solutions. Deposit offerings encompass checking, savings, money market, and certificate accounts, while lending products cover commercial real estate, construction, commercial and industrial, and consumer loans.

Potomac Bank emphasizes relationship-driven banking, tailoring its services to small and mid-sized businesses, nonprofit organizations, and local government agencies.