New Peoples Bankshares, Inc. (OTCMKTS:NWPP – Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 3 shares, a drop of 96.5% from the July 30th total of 85 shares. Based on an average trading volume of 1,123 shares, the days-to-cover ratio is currently 0.0 days.
New Peoples Bankshares Stock Performance
Shares of NWPP stock remained flat at $4.74 during trading hours on Wednesday. 323 shares of the company were exchanged, compared to its average volume of 3,053. New Peoples Bankshares has a 52-week low of $3.11 and a 52-week high of $4.96. The stock’s 50-day moving average is $4.45 and its 200-day moving average is $4.27.
About New Peoples Bankshares
New Peoples Bankshares, Inc is a bank holding company providing community banking services through its subsidiary, New Peoples Bank. The company offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts, designed to help individuals and businesses manage their cash flow and savings goals.
In addition to deposit services, New Peoples Bankshares delivers lending solutions such as consumer loans, small business and commercial loans, and residential mortgage financing.
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