Potomac Bancshares, Inc. (OTCMKTS:PTBS) Sees Large Decline in Short Interest

Potomac Bancshares, Inc. (OTCMKTS:PTBS) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 100 shares, a decrease of 69.3% from the May 31st total of 326 shares. Based on an average trading volume of 4,430 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Potomac Bancshares Price Performance

PTBS stock remained flat at $23.45 during mid-day trading on Friday. The stock’s fifty day simple moving average is $22.18 and its two-hundred day simple moving average is $20.31. Potomac Bancshares has a 52-week low of $16.40 and a 52-week high of $24.00. The firm has a market cap of $105.36 million, a PE ratio of 9.94 and a beta of 0.26.

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

About Potomac Bancshares

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.