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

Potomac Bancshares, Inc. (OTCMKTS:PTBS) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 50.0% from the February 13th total of 200 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Potomac Bancshares Price Performance

OTCMKTS PTBS traded down $0.39 during mid-day trading on Friday, hitting $15.50. The company’s stock had a trading volume of 600 shares, compared to its average volume of 1,687. Potomac Bancshares has a 52-week low of $14.00 and a 52-week high of $17.00. The stock’s fifty day simple moving average is $15.80 and its two-hundred day simple moving average is $15.55. The firm has a market capitalization of $64.25 million, a P/E ratio of 9.45 and a beta of 0.20.

Potomac Bancshares (OTCMKTS:PTBS) last posted its quarterly 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. Stockholders 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 dividend on an annualized basis 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.