Short Interest in Potomac Bancshares, Inc. (OTCMKTS:PTBS) Increases By 52.0%

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 339 shares, an increase of 52.0% from the December 31st total of 223 shares. Based on an average trading volume of 1,248 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 1,248 shares, the days-to-cover ratio is currently 0.3 days.

Potomac Bancshares Price Performance

Shares of OTCMKTS PTBS opened at $18.90 on Friday. The stock has a 50 day moving average price of $18.66 and a 200 day moving average price of $18.24. Potomac Bancshares has a 52 week low of $14.59 and a 52 week high of $19.38.

Potomac Bancshares (OTCMKTS:PTBS) last released its earnings results on Thursday, January 29th. The company reported $0.52 earnings per share for the quarter. The firm had revenue of $10.83 million during the quarter.

Potomac Bancshares Company Profile

Potomac Bancshares, Inc serves as the bank holding company for Potomac Bank, a community-focused financial institution headquartered in McLean, Virginia. The company’s primary business activities include accepting deposits, extending credit, and providing payment and treasury management solutions. Deposit offerings encompass checking, savings, money market, and certificate accounts, while lending products cover commercial real estate, construction, commercial and industrial, and consumer loans.

Potomac Bank emphasizes relationship-driven banking, tailoring its services to small and mid-sized businesses, nonprofit organizations, and local government agencies.