Potomac Bancshares, Inc. (OTCMKTS:PTBS) Stock Short Interest Rises 105.8%

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 286 shares, an increase of 105.8% from the September 15th total of 139 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 8,196 shares, the short-interest ratio is presently 0.0 days.

Potomac Bancshares Stock Down 0.2%

PTBS opened at $26.44 on Thursday. The firm has a market cap of $118.72 million, a P/E ratio of 10.31 and a beta of 0.24. The business’s fifty day simple moving average is $26.55 and its 200 day simple moving average is $23.87. Potomac Bancshares has a 52 week low of $17.62 and a 52 week high of $27.60.

Potomac Bancshares (OTCMKTS:PTBS) last released its earnings results on Wednesday, July 29th. The company reported $0.80 earnings per share (EPS) for the quarter. The firm had revenue of $11.73 million during the quarter.

Potomac Bancshares Company Profile

Potomac Bancshares, Inc is a bank holding company headquartered in Charles Town, West Virginia. Through its principal subsidiary, Bank of Charles Town, the company provides community banking services to individuals, families, businesses and organizations.

Bank of Charles Town offers a range of financial products, including checking and savings accounts, certificates of deposit, residential and commercial real estate loans, consumer loans, business lending and other credit services. Its banking platform also includes online and mobile banking, electronic payments and treasury management services.

Founded in 1871, Bank of Charles Town has a long history of serving communities in West Virginia’s Eastern Panhandle and neighboring areas of Virginia and Maryland.