Short Interest in Pioneer Bankshares Inc. (OTCMKTS:PNBI) Decreases By 82.7%

Pioneer Bankshares Inc. (OTCMKTS:PNBI) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 73 shares, a decline of 82.7% from the August 15th total of 422 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 289 shares, the short-interest ratio is currently 0.3 days.

Pioneer Bankshares Price Performance

Pioneer Bankshares stock opened at $51.60 on Friday. The firm has a 50 day moving average price of $48.53 and a 200-day moving average price of $41.31. Pioneer Bankshares has a twelve month low of $28.80 and a twelve month high of $54.99. The company has a market capitalization of $52.12 million, a P/E ratio of 12.96 and a beta of 0.17.

About Pioneer Bankshares

Pioneer Bankshares, Inc is the bank holding company for Pioneer Bank, a locally focused community banking organization serving residents and businesses in the Mid‐Atlantic region. Through its subsidiary, the company provides a full suite of commercial and retail banking services, including checking and savings accounts, certificates of deposit, and money market instruments. Pioneer Bank’s commercial lending portfolio encompasses commercial real estate, construction, equipment financing, and operating lines of credit tailored to small‐ and medium‐size enterprises.

In addition to traditional deposit and lending products, Pioneer Bankshares offers a range of treasury management and cash‐management services designed to help businesses optimize liquidity and streamline receivables and payables.