Potomac Bancshares, Inc. (OTCMKTS:PTBS) Sees Large Growth in Short Interest

Potomac Bancshares, Inc. (OTCMKTS:PTBS) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 223 shares, an increase of 829.2% from the December 15th total of 24 shares. Based on an average daily trading volume, of 799 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 799 shares, the short-interest ratio is presently 0.3 days.

Potomac Bancshares Stock Up 2.6%

PTBS stock traded up $0.47 during trading on Monday, reaching $18.88. 100 shares of the stock were exchanged, compared to its average volume of 584. Potomac Bancshares has a twelve month low of $14.59 and a twelve month high of $19.31. The firm’s 50 day moving average is $18.60 and its 200 day moving average is $18.07.

Potomac Bancshares (OTCMKTS:PTBS) last issued its earnings results on Wednesday, October 29th. The company reported $0.56 earnings per share for the quarter. The firm had revenue of $9.98 million for the quarter.

About Potomac Bancshares

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.