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

Key Points

• Short interest surged 773.8% to 367 shares as of March 13 from 42 on February 26, but still represents about 0.0% of shares and a short-interest ratio of 0.3 days based on average daily volume of 1,290 shares.
• Shares were flat at $19.75 midday with a market cap of $88.68 million and a P/E of 9.14, trading in a 12‑month range of $14.59–$20.28 (50‑/200‑day moving averages $19.50/$18.82).
• In the latest quarter the company reported EPS $0.52 on revenue of $10.83 million; Potomac Bancshares is a community bank holding company focused on deposit, payment and commercial lending services for small/mid-sized businesses, nonprofits and local government.

Potomac Bancshares, Inc. (OTCMKTS:PTBS - Get Free Report) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 367 shares, a growth of 773.8% from the February 26th total of 42 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 1,290 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 1,290 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company's stock are short sold.

Potomac Bancshares Price Performance

Potomac Bancshares stock remained flat at $19.75 during midday trading on Tuesday. The company has a market capitalization of $88.68 million, a P/E ratio of 9.14 and a beta of 0.21. Potomac Bancshares has a 12-month low of $14.59 and a 12-month high of $20.28. The stock has a 50 day moving average of $19.50 and a 200-day moving average of $18.82.

Potomac Bancshares (OTCMKTS:PTBS - Get Free Report) last released its earnings results on Thursday, January 29th. The company reported $0.52 EPS for the quarter. The firm had revenue of $10.83 million for 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.