Patriot National Bancorp Plunges 5.98% Amid 132.4% Short Interest Surge

On June 4, 2025, Patriot National Bancorp's stock experienced a significant drop of 5.98% in pre-market trading, indicating a notable shift in investor sentiment.

Patriot National Bancorp, Inc. provides a range of consumer and commercial banking services, including checking and savings accounts, loans, and digital banking solutions. The bank's services are tailored to individuals, small and medium-sized businesses, professionals, and municipalities in Fairfield and New Haven Counties in Connecticut and Westchester County, New York.

Recent data shows that the short interest in Patriot National Bancorp, Inc. has surged by 132.4% in May, which could be a contributing factor to the stock's recent decline. This increase in short interest suggests that more investors are betting against the stock, potentially driving down its price.

Despite the recent drop, some analysts remain optimistic about the bank's long-term prospects. The stock is expected to rise by 136.29% over the next three months, with a 90% probability of holding a price between $3.38 and higher. This forecast indicates that while the stock may face short-term volatility, there is potential for significant gains in the near future.