Potomac Bancshares, Inc. (OTCMKTS:PTBS) Sees Significant Growth in Short Interest

Potomac Bancshares, Inc. (OTCMKTS:PTBS - Get Free Report) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 200 shares, an increase of 100.0% from the April 30th total of 100 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company's shares are sold short.

Potomac Bancshares Stock Performance

Shares of OTCMKTS:PTBS traded up $0.10 during midday trading on Friday, hitting $17.35. 150 shares of the stock were exchanged, compared to its average volume of 1,458. The stock has a market capitalization of $71.92 million, a price-to-earnings ratio of 10.58 and a beta of 0.17. The business's 50-day moving average price is $15.83 and its 200 day moving average price is $15.98. Potomac Bancshares has a 12 month low of $14.00 and a 12 month high of $17.36.

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

Potomac Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 8th. Shareholders of record on Thursday, May 1st were paid a $0.13 dividend. This is a positive change from Potomac Bancshares's previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a yield of 3.00%. Potomac Bancshares's payout ratio is 29.38%.

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.