Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Update

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 367 shares, an increase of 773.8% from the February 26th total of 42 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,290 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 1,290 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Potomac Bancshares Price Performance

PTBS stock remained flat at $19.75 during trading on Tuesday. The firm has a market capitalization of $88.68 million, a PE ratio of 9.14 and a beta of 0.21. Potomac Bancshares has a 1-year low of $14.59 and a 1-year high of $20.28. The company’s fifty day moving average is $19.50 and its two-hundred day moving average is $18.82.

Potomac Bancshares (OTCMKTS:PTBS) last posted its quarterly earnings results on Thursday, January 29th. The company reported $0.52 earnings per share (EPS) for the quarter. The business had revenue of $10.83 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.