Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Up 200.0% in March

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a growth of 200.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Potomac Bancshares Price Performance

OTCMKTS PTBS opened at $15.40 on Friday. The firm has a market cap of $63.83 million, a P/E ratio of 9.39 and a beta of 0.20. The stock’s 50-day moving average is $15.74 and its two-hundred day moving average is $15.62. Potomac Bancshares has a fifty-two week low of $14.00 and a fifty-two week high of $17.00.

Potomac Bancshares (OTCMKTS:PTBS) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.55 earnings per share for the quarter.

Potomac Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Thursday, February 6th were paid a $0.12 dividend. The ex-dividend date was Thursday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 3.12%. Potomac Bancshares’s payout ratio is presently 29.27%.

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.