Pioneer Bankshares Inc. (OTCMKTS:PNBI) Short Interest Update

Pioneer Bankshares Inc. (OTCMKTS:PNBI) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 73 shares, a decline of 82.7% from the August 15th total of 422 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 289 shares, the days-to-cover ratio is presently 0.3 days.

Pioneer Bankshares Price Performance

PNBI opened at $51.60 on Friday. The company’s 50-day moving average is $48.53 and its 200 day moving average is $41.31. Pioneer Bankshares has a fifty-two week low of $28.80 and a fifty-two week high of $54.99. The firm has a market capitalization of $52.12 million, a P/E ratio of 12.96 and a beta of 0.17.

About Pioneer Bankshares

Pioneer Bankshares, Inc is the bank holding company for Pioneer Bank, a locally focused community banking organization serving residents and businesses in the Mid‐Atlantic region. Through its subsidiary, the company provides a full suite of commercial and retail banking services, including checking and savings accounts, certificates of deposit, and money market instruments. Pioneer Bank’s commercial lending portfolio encompasses commercial real estate, construction, equipment financing, and operating lines of credit tailored to small‐ and medium‐size enterprises.

In addition to traditional deposit and lending products, Pioneer Bankshares offers a range of treasury management and cash‐management services designed to help businesses optimize liquidity and streamline receivables and payables.