New Peoples Bankshares, Inc. (OTCMKTS:NWPP) Stock Short Interest Climbs 1,200.0%

New Peoples Bankshares, Inc. (OTCMKTS:NWPP – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 65 shares, an increase of 1,200.0% from the September 30th total of 5 shares. Based on an average daily volume of 1,009 shares, the short-interest ratio is presently 0.1 days.

New Peoples Bankshares Price Performance

OTCMKTS:NWPP traded up $0.01 on Monday, reaching $4.98. The company’s stock had a trading volume of 3,060 shares, compared to its average volume of 3,798. New Peoples Bankshares has a 12-month low of $3.11 and a 12-month high of $4.99. The stock has a 50 day moving average price of $4.85 and a 200 day moving average price of $4.35.

New Peoples Bankshares Company Profile

(Get Free Report)

New Peoples Bankshares, Inc is the bank holding company for New Peoples Bank, a community banking institution headquartered in Southwest Virginia. Established in 1998, the bank provides financial services to individuals, families, farmers, and businesses through a network of community-focused banking offices.

New Peoples Bank’s offerings include checking and savings accounts, certificates of deposit, consumer lending, residential mortgage loans, commercial real estate financing, agricultural loans, and business loans.

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