Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Up 465.6% in April

Potomac Bancshares, Inc. (OTCMKTS:PTBS) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 690 shares, an increase of 465.6% from the April 15th total of 122 shares. Based on an average daily volume of 7,211 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Potomac Bancshares Price Performance

Shares of PTBS stock traded up $0.49 on Thursday, hitting $21.99. The company’s stock had a trading volume of 944 shares, compared to its average volume of 1,917. The stock has a market capitalization of $98.74 million, a price-to-earnings ratio of 9.32 and a beta of 0.22. Potomac Bancshares has a fifty-two week low of $16.12 and a fifty-two week high of $22.22. The firm’s fifty day moving average price is $20.10 and its 200-day moving average price is $19.28.

Potomac Bancshares (OTCMKTS:PTBS) last announced its earnings results on Wednesday, April 29th. The company reported $0.69 earnings per share (EPS) for the quarter. The company had revenue of $11.23 million for 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.