Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Down 50.0% in December

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 100 shares, a decline of 50.0% from the November 30th total of 200 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 0.2 days.

Potomac Bancshares Stock Performance

PTBS remained flat at $16.50 during midday trading on Friday. The company’s stock had a trading volume of 1,131 shares, compared to its average volume of 1,414. The company has a market cap of $68.39 million, a P/E ratio of 10.51 and a beta of 0.22. Potomac Bancshares has a 1 year low of $14.00 and a 1 year high of $17.00. The stock has a 50 day moving average of $15.80 and a two-hundred day moving average of $14.98.

Potomac Bancshares (OTCMKTS:PTBS) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.42 earnings per share (EPS) for the quarter. The firm had revenue of $8.71 million during the quarter.

Potomac Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Shareholders of record on Friday, November 1st were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.48 annualized dividend and a yield of 2.91%. Potomac Bancshares’s dividend payout ratio is currently 30.57%.

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.