Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Up 52.0% in January

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 339 shares, a growth of 52.0% from the December 31st total of 223 shares. Based on an average daily volume of 1,248 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 1,248 shares, the short-interest ratio is currently 0.3 days.

Potomac Bancshares Stock Performance

Shares of OTCMKTS:PTBS opened at $18.90 on Friday. Potomac Bancshares has a 12-month low of $14.59 and a 12-month high of $19.38. The stock has a fifty day simple moving average of $18.66 and a two-hundred day simple moving average of $18.24.

Potomac Bancshares (OTCMKTS:PTBS) last posted its quarterly earnings results on Thursday, January 29th. The company reported $0.52 earnings per share (EPS) for the quarter. The company had revenue of $10.83 million during 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.