Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Up 66.7% in March

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 500 shares, an increase of 66.7% from the March 15th total of 300 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Potomac Bancshares Stock Performance

Shares of OTCMKTS PTBS traded up $0.06 during mid-day trading on Friday, reaching $14.65. The company’s stock had a trading volume of 600 shares, compared to its average volume of 1,437. The stock has a 50-day moving average of $15.58 and a two-hundred day moving average of $15.66. Potomac Bancshares has a 1-year low of $14.00 and a 1-year high of $17.00. The stock has a market capitalization of $60.72 million, a P/E ratio of 8.93 and a beta of 0.17.

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

Potomac Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Shareholders 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 yield of 3.28%. The ex-dividend date was Thursday, February 6th. Potomac Bancshares’s dividend payout ratio (DPR) is 29.27%.

Potomac Bancshares Company Profile

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.