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

Potomac Bancshares, Inc. (OTCMKTS:PTBS) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 223 shares, an increase of 829.2% from the December 15th total of 24 shares. Based on an average daily volume of 799 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 799 shares, the days-to-cover ratio is currently 0.3 days.

Potomac Bancshares Stock Up 2.6%

OTCMKTS:PTBS traded up $0.47 during trading hours on Monday, hitting $18.88. 100 shares of the company were exchanged, compared to its average volume of 584. Potomac Bancshares has a one year low of $14.59 and a one year high of $19.31. The company has a fifty day simple moving average of $18.60 and a 200 day simple moving average of $18.07.

Potomac Bancshares (OTCMKTS:PTBS) last released its quarterly earnings results on Wednesday, October 29th. The company reported $0.56 EPS for the quarter. The company had revenue of $9.98 million during the quarter.

Potomac Bancshares Company Profile

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.