Short Interest in Potomac Bancshares, Inc. (OTCMKTS:PTBS) Drops By 33.0%

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 69 shares, a decrease of 33.0% from the July 30th total of 103 shares. Based on an average daily trading volume, of 1,182 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Potomac Bancshares Price Performance

Shares of PTBS opened at $26.42 on Wednesday. Potomac Bancshares has a twelve month low of $17.16 and a twelve month high of $26.91. The company has a market capitalization of $118.63 million, a P/E ratio of 9.93 and a beta of 0.24. The firm has a 50 day moving average of $24.98 and a 200 day moving average of $22.38.

Potomac Bancshares (OTCMKTS:PTBS) last issued its earnings results on Wednesday, July 29th. The company reported $0.80 EPS for the quarter. The business had revenue of $11.73 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.