Pioneer Bankshares Inc. (OTCMKTS:PNBI) Short Interest Down 82.7% in August

Pioneer Bankshares Inc. (OTCMKTS:PNBI) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 73 shares, a decline of 82.7% from the August 15th total of 422 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 289 shares, the short-interest ratio is presently 0.3 days.

Pioneer Bankshares Stock Up 0.5%

OTCMKTS PNBI traded up $0.28 during trading hours on Friday, hitting $51.60. The company has a market cap of $51.96 million, a P/E ratio of 12.96 and a beta of 0.17. Pioneer Bankshares has a 52 week low of $28.80 and a 52 week high of $54.99. The business has a 50-day moving average price of $48.67 and a 200-day moving average price of $41.38.

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.