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Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Up 50.0% in May

Potomac Bancshares logo with Finance background

Potomac Bancshares, Inc. (OTCMKTS:PTBS - Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 300 shares, a growth of 50.0% from the May 15th total of 200 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company's shares are short sold.

Potomac Bancshares Stock Down 7.8%

OTCMKTS:PTBS traded down $1.38 during midday trading on Monday, hitting $16.31. The stock had a trading volume of 4,973 shares, compared to its average volume of 1,560. Potomac Bancshares has a one year low of $14.00 and a one year high of $17.69. The company has a market capitalization of $67.60 million, a price-to-earnings ratio of 9.95 and a beta of 0.22. The stock has a 50-day moving average of $16.23 and a 200 day moving average of $16.06.

Potomac Bancshares (OTCMKTS:PTBS - Get Free Report) last issued its earnings results on Monday, April 28th. The company reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $9.18 million for the quarter.

Potomac Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 8th. Investors of record on Thursday, May 1st were paid a $0.13 dividend. This is a boost from Potomac Bancshares's previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a yield of 3.19%. Potomac Bancshares's dividend payout ratio (DPR) is 29.38%.

Potomac Bancshares Company Profile

(Get Free Report)

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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