Short Interest in Potomac Bancshares, Inc. (OTCMKTS:PTBS) Decreases By 33.0%

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 69 shares, a drop of 33.0% from the July 30th total of 103 shares. Based on an average trading volume of 1,182 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Potomac Bancshares Trading Down 0.0%

PTBS opened at $26.42 on Tuesday. The business’s 50 day moving average is $24.92 and its 200-day moving average is $22.34. The stock has a market cap of $118.71 million, a PE ratio of 9.93 and a beta of 0.24. Potomac Bancshares has a twelve month low of $17.16 and a twelve month high of $26.91.

Potomac Bancshares (OTCMKTS:PTBS) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.80 earnings per share (EPS) for the quarter. The company had revenue of $11.73 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.