Short Interest in Potomac Bancshares, Inc. (OTCMKTS:PTBS) Declines By 50.0%

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a decrease of 50.0% from the February 13th total of 200 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Potomac Bancshares Price Performance

OTCMKTS PTBS traded up $0.26 during trading hours on Friday, reaching $15.89. 1,891 shares of the company’s stock traded hands, compared to its average volume of 1,727. The firm has a market cap of $65.86 million, a PE ratio of 9.69 and a beta of 0.20. Potomac Bancshares has a 52-week low of $14.00 and a 52-week high of $17.00. The firm has a 50-day simple moving average of $15.83 and a 200 day simple moving average of $15.53.

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

Potomac Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Investors 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 3.02%. The ex-dividend date was Thursday, February 6th. Potomac Bancshares’s dividend payout ratio (DPR) is 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.