New Peoples Bankshares, Inc. (OTCMKTS:NWPP) Sees Large Increase in Short Interest

New Peoples Bankshares, Inc. (OTCMKTS:NWPPGet Free Report) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 76 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 65 shares, the days-to-cover ratio is currently 1.2 days.

New Peoples Bankshares Price Performance

OTCMKTS:NWPP remained flat at $4.22 during trading hours on Monday. 1 shares of the company were exchanged, compared to its average volume of 3,271. The firm’s 50-day moving average price is $4.12 and its 200-day moving average price is $3.91. New Peoples Bankshares has a one year low of $2.97 and a one year high of $4.32.

About New Peoples Bankshares

(Get Free Report)

New Peoples Bankshares, Inc is a bank holding company providing community banking services through its subsidiary, New Peoples Bank. The company offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts, designed to help individuals and businesses manage their cash flow and savings goals.

In addition to deposit services, New Peoples Bankshares delivers lending solutions such as consumer loans, small business and commercial loans, and residential mortgage financing.

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