<div id="readability-page-1"><p>Patriot National Bancorp Inc. (NASDAQ:PNBK - Get Free Report) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 1,789,950 shares,  a drop of 22.5% from the December 31st total of 2,309,313 shares. Currently, 1.7% of the company's shares are sold short. Based on an average daily trading volume, of 181,541 shares, the days-to-cover ratio is presently 9.9 days. Based on an average daily trading volume, of 181,541 shares, the days-to-cover ratio is presently 9.9 days. Currently, 1.7% of the company's shares are sold short.</p><h2>Institutional Investors Weigh In On Patriot National Bancorp</h2><p>Institutional investors have recently made changes to their positions in the company. Blue Sky Capital Consultants Group Inc. boosted its stake in  Patriot National Bancorp by 70.8% during the 3rd quarter. Blue Sky Capital Consultants Group Inc. now owns 20,500 shares of the bank's stock valued at $27,000 after purchasing an additional 8,500 shares during the last quarter.  Suncoast Equity Management purchased a new position in shares of  Patriot National Bancorp in the second quarter worth approximately $28,000.  SG Americas Securities LLC bought a new stake in shares of  Patriot National Bancorp during the 4th quarter valued at $30,000.  Elyxium Wealth LLC bought a new stake in  Patriot National Bancorp during the second quarter valued at about $32,000.  Finally, JPMorgan Chase &amp; Co. bought a new position in shares of  Patriot National Bancorp during the 2nd quarter valued at approximately $32,000. Hedge funds and other institutional investors own  39.25% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>Separately, Weiss Ratings  reiterated a &#34;sell (d-)&#34; rating on shares of Patriot National Bancorp in a report on Monday, December 29th. One research analyst  has rated the stock with a Sell rating,  Based on data from MarketBeat.com, the company currently has a consensus rating of &#34;Sell&#34;.</p><p><b>Read Our Latest Stock Analysis on PNBK</b></p><h2>Patriot National Bancorp Stock Down 0.6%</h2><p>Shares of PNBK stock traded down $0.01 during mid-day trading on Friday, reaching $1.54. 268,758 shares of the company's stock traded hands, compared to its average volume of 161,427. The company's 50-day moving average price is $1.59 and its 200-day moving average price is $1.47. The company has a market cap of $177.08 million, a P/E ratio of -0.57 and a beta of -0.71. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.17. Patriot National Bancorp has a 12 month low of $0.90 and a 12 month high of $7.47. </p><p>Patriot National Bancorp (NASDAQ:PNBK - Get Free Report) last posted its quarterly earnings data on Friday, November 14th. The bank reported ($0.03) EPS for the quarter. The business had revenue of $7.22 million for the quarter. Patriot National Bancorp had a negative return on equity of 37.63% and a negative net margin of 35.17%.</p><h2>About Patriot National Bancorp</h2> (Get Free Report)<p>Patriot National Bancorp, Inc, through its subsidiary Patriot National Bank, operates as a community-oriented bank headquartered in Fort Lauderdale, Florida. The company offers a comprehensive suite of retail and commercial banking products and services to individuals, small- to mid-sized businesses and institutions. Its core deposit offerings include checking and savings accounts, money market accounts and certificates of deposit, all supported by online and mobile banking platforms.  </p><p>On the lending side, Patriot National Bank provides commercial real estate and business loans, construction and development financing, residential mortgage lending and consumer installment loans.</p><h2>Read More</h2><ul><li>Five stocks we like better than Patriot National Bancorp</li><li>The day the gold market broke</li><li>Stock market legend warns: “An Ominous Day Is Coming for the Markets…”</li><li>Trump’s Final Shocking Act Begins February 24</li><li>Gold’s getting scarce.</li><li>The Real Risk in Roth Conversions</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Patriot National Bancorp Right Now?</h2><p>Before you consider Patriot National Bancorp, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Patriot National Bancorp wasn't on the list.</p><p>While Patriot National Bancorp currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PNBK

<p>Patriot National Bancorp Inc. (NASDAQ:PNBK) experienced a 22.5% decrease in short interest in January, with 1,789,950 shares sold short as of January 15th. This drop from 2,309,313 shares on December 31st indicates that 1.7% of the company's stock is currently sold short. The short-interest ratio stands at 9.9 days based on an average trading volume of 181,541 shares. Institutional investors have increased their stakes, while Weiss Ratings maintains a "sell (d-)" rating on the stock, which is currently trading at $1.54, down 0.6%.</p>

Patriot National Bancorp Inc. (NASDAQ:PNBK) Short Interest Down 22.5% in January