Short Interest in Potomac Bancshares, Inc. (OTCMKTS:PTBS) Drops By 43.5%

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 39 shares, a decrease of 43.5% from the August 15th total of 69 shares. Based on an average daily volume of 1,048 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Potomac Bancshares Stock Performance

Shares of Potomac Bancshares stock remained flat at $26.45 during trading on Wednesday. 2,100 shares of the stock were exchanged, compared to its average volume of 535. The firm has a 50-day simple moving average of $25.56 and a 200-day simple moving average of $22.85. Potomac Bancshares has a 12 month low of $17.60 and a 12 month high of $27.15. The company has a market cap of $118.75 million, a P/E ratio of 9.94 and a beta of 0.24.

Potomac Bancshares (OTCMKTS:PTBS) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.80 EPS for the quarter. The company had revenue of $11.73 million during the quarter.

Potomac Bancshares Company Profile

Potomac Bancshares, Inc is a bank holding company headquartered in Charles Town, West Virginia. The company’s principal subsidiary is Bank of Charles Town, a community bank that provides financial services to individuals, families, businesses and nonprofit organizations.

Bank of Charles Town offers deposit products such as checking and savings accounts, certificates of deposit and other transaction accounts. Its lending activities include residential and commercial real estate loans, commercial and industrial financing, consumer loans and other credit products.