Glen Burnie Bancorp (NASDAQ:GLBZ) Short Interest Update

Glen Burnie Bancorp (NASDAQ:GLBZ) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 6,600 shares, a growth of 43.5% from the October 15th total of 4,600 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 5,600 shares, the short-interest ratio is presently 1.2 days.

Glen Burnie Bancorp Price Performance

Shares of NASDAQ:GLBZ traded down $0.20 on Friday, reaching $5.76. 294 shares of the company traded hands, compared to its average volume of 7,344. Glen Burnie Bancorp has a fifty-two week low of $3.37 and a fifty-two week high of $7.16. The company’s 50 day moving average is $5.58 and its 200-day moving average is $4.92. The stock has a market capitalization of $16.70 million, a PE ratio of 192.06 and a beta of 0.62.

Glen Burnie Bancorp (NASDAQ:GLBZ) last announced its quarterly earnings data on Thursday, October 31st. The financial services provider reported $0.04 EPS for the quarter. Glen Burnie Bancorp had a return on equity of 0.50% and a net margin of 0.60%. The company had revenue of $3.18 million during the quarter.

About Glen Burnie Bancorp

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.