Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Up 200.0% in July

Key Points

• Potomac Bancshares, Inc. experienced a substantial increase in short interest, rising by 200% in July to a total of 300 shares.
• The company reported earnings of $0.52 per share and a revenue of $9.40 million for the last quarter, highlighting its financial performance.
• A quarterly dividend of $0.13 was recently issued, resulting in an annualized yield of 3.1% for investors.

Potomac Bancshares, Inc. (OTCMKTS:PTBS - Get Free Report) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 300 shares, agrowthof200.0% from the July 15th total of 100 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is currently 0.2 days. Currently,0.0% of the shares of the stock are short sold. Currently,0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is currently 0.2 days.

Potomac Bancshares Price Performance

Shares of PTBS stock remained flat at $16.90 on Friday. 9 shares of the stock were exchanged, compared to its average volume of 1,358. Potomac Bancshares has a 52-week low of $14.02 and a 52-week high of $18.00. The firm has a market capitalization of $69.97 million, a PE ratio of 8.76 and a beta of 0.22. The firm has a 50 day simple moving average of $17.25 and a 200-day simple moving average of $16.38.

Potomac Bancshares (OTCMKTS:PTBS - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.52 earnings per share for the quarter. The company had revenue of $9.40 million during the quarter.

Potomac Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 31st were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.1%. Potomac Bancshares's payout ratio is 26.94%.

Potomac Bancshares Company Profile

Potomac Bancshares, Inc operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, commercial, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards.

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