Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Down 41.9% in May

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 326 shares, a decline of 41.9% from the May 14th total of 561 shares. Based on an average trading volume of 1,832 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Potomac Bancshares Stock Performance

OTCMKTS PTBS remained flat at $23.30 on Tuesday. The company’s stock had a trading volume of 3,913 shares, compared to its average volume of 1,435. The stock’s 50 day simple moving average is $21.52 and its two-hundred day simple moving average is $19.99. The company has a market cap of $104.62 million, a P/E ratio of 9.87 and a beta of 0.26. Potomac Bancshares has a 1-year low of $16.32 and a 1-year high of $24.00.

Potomac Bancshares (OTCMKTS:PTBS) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.69 earnings per share (EPS) for the quarter. The company had revenue of $11.23 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.