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

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of 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. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,832 shares, the days-to-cover ratio is presently 0.2 days.

Potomac Bancshares Trading Up 0.4%

Shares of PTBS opened at $23.30 on Friday. The company has a market capitalization of $104.62 million, a PE ratio of 9.87 and a beta of 0.26. Potomac Bancshares has a 12 month low of $16.26 and a 12 month high of $24.00. The stock’s 50-day moving average price is $21.45 and its two-hundred day moving average price is $19.94.

Potomac Bancshares (OTCMKTS:PTBS) last announced its earnings results on Wednesday, April 29th. The company reported $0.69 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.