Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Update

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 400 shares, an increase of 300.0% from the October 31st total of 100 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is currently 0.2 days.

Potomac Bancshares Price Performance

PTBS stock remained flat at $16.50 during midday trading on Wednesday. The stock has a market capitalization of $68.31 million, a P/E ratio of 10.51 and a beta of 0.13. The company’s fifty day moving average price is $15.09 and its two-hundred day moving average price is $14.73. Potomac Bancshares has a 52 week low of $14.00 and a 52 week high of $16.50.

Potomac Bancshares (OTCMKTS:PTBS) last issued its earnings results on Monday, November 4th. The company reported $0.42 earnings per share (EPS) for the quarter. The company had revenue of $8.71 million during the quarter.

Potomac Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, November 1st were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date was Friday, November 1st. Potomac Bancshares’s dividend payout ratio is presently 30.57%.

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.