Short Interest in Patriot National Bancorp, Inc. (NASDAQ:PNBK) Expands By 432.0%

Patriot National Bancorp, Inc. (NASDAQ:PNBK) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 245,800 shares, a growth of 432.0% from the January 31st total of 46,200 shares. Based on an average trading volume of 910,600 shares, the short-interest ratio is currently 0.3 days. Approximately 11.4% of the company’s stock are short sold.

Patriot National Bancorp Stock Down 3.5 %

Shares of NASDAQ PNBK traded down $0.04 during midday trading on Friday, reaching $1.09. 65,925 shares of the company’s stock were exchanged, compared to its average volume of 1,498,520. The company has a debt-to-equity ratio of 6.83, a quick ratio of 0.97 and a current ratio of 0.99. Patriot National Bancorp has a 52-week low of $0.99 and a 52-week high of $4.05. The business’s fifty day moving average price is $1.65 and its two-hundred day moving average price is $1.78. The stock has a market capitalization of $4.33 million, a PE ratio of -0.15 and a beta of 0.44.

Patriot National Bancorp Company Profile

Patriot National Bancorp, Inc operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit, on-line national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service.