Patriot National Bancorp, Inc. (NASDAQ:PNBK) Short Interest Up 432.0% in February

Patriot National Bancorp, Inc. (NASDAQ:PNBK) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 245,800 shares, an increase of 432.0% from the January 31st total of 46,200 shares. Currently, 11.4% of the shares of the company are short sold. Based on an average daily trading volume, of 910,600 shares, the short-interest ratio is currently 0.3 days.

Patriot National Bancorp Stock Performance

Shares of PNBK opened at $1.13 on Friday. The firm has a market capitalization of $4.49 million, a P/E ratio of -0.15 and a beta of 0.44. The company has a debt-to-equity ratio of 6.83, a current ratio of 0.99 and a quick ratio of 0.97. Patriot National Bancorp has a one year low of $0.99 and a one year high of $4.05. The business has a fifty day moving average of $1.67 and a 200 day moving average of $1.78.

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.