Short Interest in Patriot National Bancorp, Inc. (NASDAQ:PNBK) Expands By 34.9%

Patriot National Bancorp, Inc. (NASDAQ:PNBK) was the recipient of a large growth in short interest in 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 company’s stock are short sold. Based on an average daily trading volume, of 921,500 shares, the short-interest ratio is currently 0.4 days.

Patriot National Bancorp Stock Down 1.4 %

PNBK stock traded down $0.01 during trading on Friday, reaching $1.05. The stock had a trading volume of 10,345 shares, compared to its average volume of 1,209,466. The company has a current ratio of 0.99, a quick ratio of 0.97 and a debt-to-equity ratio of 6.83. The firm has a fifty day moving average price of $1.48 and a 200 day moving average price of $1.74. The company has a market capitalization of $4.18 million, a P/E ratio of -0.14 and a beta of 0.54. Patriot National Bancorp has a 1-year low of $0.99 and a 1-year high of $4.04.

About Patriot National Bancorp

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.