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

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 100 shares, a decrease of 50.0% from the February 13th total of 200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 800 shares, the short-interest ratio is currently 0.1 days.

Potomac Bancshares Stock Performance

OTCMKTS PTBS traded down $0.39 during trading hours on Friday, reaching $15.50. The company’s stock had a trading volume of 600 shares, compared to its average volume of 1,687. The stock has a market cap of $64.25 million, a PE ratio of 9.45 and a beta of 0.20. Potomac Bancshares has a fifty-two week low of $14.00 and a fifty-two week high of $17.00. The company’s 50-day moving average is $15.80 and its two-hundred day moving average is $15.55.

Potomac Bancshares (OTCMKTS:PTBS) last released its quarterly earnings results on Friday, January 31st. The company reported $0.55 earnings per share (EPS) for the quarter.

Potomac Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Thursday, February 6th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $0.48 annualized dividend and a dividend yield of 3.10%. Potomac Bancshares’s dividend payout ratio is currently 29.27%.

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.