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

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the target of a large growth in short interest in 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 presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Potomac Bancshares Price Performance

Shares of Potomac Bancshares stock traded down $0.05 on Thursday, hitting $15.50. The company had a trading volume of 536 shares, compared to its average volume of 1,579. The company has a market cap of $64.25 million, a PE ratio of 9.45 and a beta of 0.20. The business has a 50-day simple moving average of $15.76 and a 200-day simple moving average of $15.61. Potomac Bancshares has a 52 week low of $14.00 and a 52 week high of $17.00.

Potomac Bancshares (OTCMKTS:PTBS) last posted 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 disclosed a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Thursday, February 6th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 3.10%. Potomac Bancshares’s payout ratio is 29.27%.

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.