Short Interest in Potomac Bancshares, Inc. (OTCMKTS:PTBS) Decreases By 41.9%

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 326 shares, a decrease of 41.9% from the May 14th total of 561 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,832 shares, the short-interest ratio is currently 0.2 days.

Potomac Bancshares Stock Performance

Shares of OTCMKTS PTBS traded up $0.44 during trading on Monday, hitting $23.74. The company had a trading volume of 121 shares, compared to its average volume of 1,870. The stock has a 50 day simple moving average of $21.45 and a 200 day simple moving average of $19.96. Potomac Bancshares has a 12 month low of $16.32 and a 12 month high of $24.00. The firm has a market capitalization of $106.66 million, a P/E ratio of 10.06 and a beta of 0.26.

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