Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Sees Significant Increase in Short Interest

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a growth of 100.0% from the January 31st total of 100 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is presently 0.2 days.

Farmers and Merchants Bancshares Trading Down 1.5 %

Shares of Farmers and Merchants Bancshares stock traded down $0.25 during trading hours on Friday, reaching $16.50. 1,000 shares of the stock traded hands, compared to its average volume of 875. Farmers and Merchants Bancshares has a one year low of $12.51 and a one year high of $26.00. The company has a 50 day moving average price of $17.56 and a 200 day moving average price of $16.19.

Farmers and Merchants Bancshares Company Profile

Farmers and Merchants Bancshares, Inc operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements.