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

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 300 shares, an increase of 50.0% from the May 15th total of 200 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Potomac Bancshares Trading Up 0.1%

Potomac Bancshares stock traded up $0.01 during midday trading on Tuesday, reaching $16.32. 1,799 shares of the stock traded hands, compared to its average volume of 1,562. The firm has a market cap of $67.65 million, a PE ratio of 9.95 and a beta of 0.22. Potomac Bancshares has a 12-month low of $14.00 and a 12-month high of $17.69. The company has a 50-day simple moving average of $16.26 and a two-hundred day simple moving average of $16.06.

Potomac Bancshares (OTCMKTS:PTBS) last announced its earnings results on Monday, April 28th. The company reported $0.53 earnings per share for the quarter. The firm had revenue of $9.18 million during the quarter.

Potomac Bancshares Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 8th. Investors of record on Thursday, May 1st were paid a dividend of $0.13 per share. This is an increase from Potomac Bancshares’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a dividend yield of 3.19%. Potomac Bancshares’s dividend payout ratio is presently 29.38%.

About Potomac Bancshares

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.