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

Potomac Bancshares, Inc. (OTCMKTS:PTBS) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 326 shares, a decline of 41.9% from the May 14th total of 561 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,832 shares, the days-to-cover ratio is presently 0.2 days.

Potomac Bancshares Price Performance

Shares of OTCMKTS:PTBS opened at $23.30 on Friday. The company has a market capitalization of $104.62 million, a price-to-earnings ratio of 9.87 and a beta of 0.26. The business’s 50-day moving average is $21.45 and its 200-day moving average is $19.94. Potomac Bancshares has a 1 year low of $16.26 and a 1 year high of $24.00.

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