Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Down 43.5% in August

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 39 shares, a decrease of 43.5% from the August 15th total of 69 shares. Based on an average daily trading volume, of 1,048 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Potomac Bancshares Price Performance

Potomac Bancshares stock opened at $26.50 on Tuesday. The business’s fifty day moving average is $25.50 and its 200 day moving average is $22.80. The stock has a market capitalization of $118.98 million, a PE ratio of 9.96 and a beta of 0.24. Potomac Bancshares has a one year low of $17.60 and a one year high of $26.91.

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