Pioneer Bankshares Inc. (OTCMKTS:PNBI) Sees Large Increase in Short Interest

Pioneer Bankshares Inc. (OTCMKTS:PNBI) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 300 shares, an increase of 215.8% from the November 30th total of 95 shares. Based on an average daily trading volume, of 2,987 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,987 shares, the short-interest ratio is currently 0.1 days.

Pioneer Bankshares Price Performance

Shares of PNBI opened at $31.00 on Friday. The stock has a market capitalization of $31 million, a price-to-earnings ratio of 8.71 and a beta of 0.11. Pioneer Bankshares has a 1 year low of $24.50 and a 1 year high of $32.75. The business’s 50 day simple moving average is $30.22 and its 200-day simple moving average is $28.63.

Pioneer Bankshares (OTCMKTS:PNBI) last announced its quarterly earnings results on Friday, December 5th. The company reported $1.05 earnings per share for the quarter. The business had revenue of $3.90 million during the quarter.

Pioneer Bankshares Company Profile

Pioneer Bankshares, Inc is the bank holding company for Pioneer Bank, a locally focused community banking organization serving residents and businesses in the Mid‐Atlantic region. Through its subsidiary, the company provides a full suite of commercial and retail banking services, including checking and savings accounts, certificates of deposit, and money market instruments. Pioneer Bank’s commercial lending portfolio encompasses commercial real estate, construction, equipment financing, and operating lines of credit tailored to small‐ and medium‐size enterprises.

In addition to traditional deposit and lending products, Pioneer Bankshares offers a range of treasury management and cash‐management services designed to help businesses optimize liquidity and streamline receivables and payables.