Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Up 200.0% in March

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 300 shares, an increase of 200.0% from the February 28th total of 100 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 0.4 days.

Potomac Bancshares Price Performance

PTBS stock opened at $15.40 on Friday. Potomac Bancshares has a 52-week low of $14.00 and a 52-week high of $17.00. The firm has a market capitalization of $63.83 million, a P/E ratio of 9.39 and a beta of 0.20. The company’s 50 day simple moving average is $15.74 and its 200-day simple moving average is $15.62.

Potomac Bancshares (OTCMKTS:PTBS) last issued its earnings results on Friday, January 31st. The company reported $0.55 EPS for the quarter.

Potomac Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Thursday, February 6th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date of this dividend was Thursday, February 6th. Potomac Bancshares’s dividend payout ratio (DPR) is currently 29.27%.

About Potomac Bancshares

Potomac Bancshares, Inc operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, commercial, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards.