Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Update

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

Potomac Bancshares Price Performance

Shares of OTCMKTS PTBS traded up $0.01 during mid-day trading on Thursday, hitting $16.32. The company had a trading volume of 100 shares, compared to its average volume of 1,155. The stock has a market cap of $67.56 million, a price-to-earnings ratio of 9.22 and a beta of 0.22. Potomac Bancshares has a 12 month low of $14.00 and a 12 month high of $17.69. The firm's 50 day simple moving average is $16.32 and its two-hundred day simple moving average is $16.06.

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

Potomac Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 8th. Shareholders of record on Thursday, May 1st were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 3.19%. This is an increase from Potomac Bancshares's previous quarterly dividend of $0.12. Potomac Bancshares's payout ratio is presently 29.38%.

About Potomac Bancshares

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.