Pioneer Bankshares Inc. (OTCMKTS:PNBI) Sees Large Increase in Short Interest

Pioneer Bankshares Inc. (OTCMKTS:PNBI) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 300 shares, an increase of 215.8% from the November 30th total of 95 shares. Based on an average daily volume of 2,987 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,987 shares, the days-to-cover ratio is presently 0.1 days.

Pioneer Bankshares Stock Performance

PNBI remained flat at $31.00 during trading on Friday. Pioneer Bankshares has a fifty-two week low of $24.50 and a fifty-two week high of $32.75. The firm has a market cap of $31 million, a PE ratio of 8.71 and a beta of 0.11. The firm’s fifty day simple moving average is $30.22 and its two-hundred day simple moving average is $28.61.

Pioneer Bankshares (OTCMKTS:PNBI) last issued its quarterly earnings data on Friday, December 5th. The company reported $1.05 earnings per share (EPS) for the quarter. The business had revenue of $3.90 million for the quarter.

Pioneer Bankshares Company Profile

Pioneer Bankshares, Inc is the bank holding company for Pioneer Bank, a locally focused community banking organization serving residents and businesses in the Mid‐Atlantic region. Through its subsidiary, the company provides a full suite of commercial and retail banking services, including checking and savings accounts, certificates of deposit, and money market instruments. Pioneer Bank’s commercial lending portfolio encompasses commercial real estate, construction, equipment financing, and operating lines of credit tailored to small‐ and medium‐size enterprises.

In addition to traditional deposit and lending products, Pioneer Bankshares offers a range of treasury management and cash‐management services designed to help businesses optimize liquidity and streamline receivables and payables.