Potomac Bancshares, Inc. (OTCMKTS:PTBS) Short Interest Up 200.0% in March

Potomac Bancshares, Inc. (OTCMKTS:PTBS - Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, an increase of 200.0% from the February 28th total of 100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 0.4 days.

Potomac Bancshares Trading Down 0.6 %

Shares of OTCMKTS:PTBS traded down $0.10 on Monday, hitting $15.40. 1,250 shares of the company were exchanged, compared to its average volume of 1,570. The firm has a market capitalization of $63.83 million, a P/E ratio of 9.39 and a beta of 0.20. Potomac Bancshares has a 1-year low of $14.00 and a 1-year high of $17.00. The stock's 50 day moving average price is $15.74 and its 200 day moving average price is $15.64.

Potomac Bancshares (OTCMKTS:PTBS - Get Free Report) last posted its earnings results on Friday, January 31st. The company reported $0.55 EPS for the quarter.

Potomac Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Thursday, February 6th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.12%. The ex-dividend date of this dividend was Thursday, February 6th. 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.