Patriot National Bancorp, Inc. (NASDAQ:PNBK) Short Interest Update

Patriot National Bancorp, Inc. (NASDAQ:PNBK) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 331,700 shares, a growth of 34.9% from the February 13th total of 245,800 shares. Approximately 15.4% of the shares of the company are short sold. Based on an average daily trading volume, of 921,500 shares, the short-interest ratio is presently 0.4 days.

Patriot National Bancorp Stock Performance

Patriot National Bancorp stock traded down $0.04 during mid-day trading on Monday, reaching $1.01. 22,774 shares of the company’s stock were exchanged, compared to its average volume of 1,185,780. The business’s fifty day simple moving average is $1.48 and its 200 day simple moving average is $1.74. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 6.83. Patriot National Bancorp has a one year low of $0.99 and a one year high of $4.04. The firm has a market capitalization of $4.02 million, a PE ratio of -0.14 and a beta of 0.54.

Patriot National Bancorp Company Profile

Patriot National Bancorp, Inc operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit, on-line national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service.