Elmer Bancorp, Inc. (OTCMKTS:ELMA) Sees Large Increase in Short Interest

Elmer Bancorp, Inc. (OTCMKTS:ELMA) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 234 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 364 shares, the short-interest ratio is presently 0.6 days.

Elmer Bancorp Price Performance

Shares of Elmer Bancorp stock remained flat at $24.85 during trading hours on Monday. Elmer Bancorp has a fifty-two week low of $20.60 and a fifty-two week high of $26.25. The stock has a fifty day moving average of $24.25 and a two-hundred day moving average of $23.56.

Elmer Bancorp Company Profile

Elmer Bancorp, Inc is the bank holding company for Elmer Bank, N.A., a New Jersey-chartered commercial bank focused on community banking services. Headquartered in Elmer, New Jersey, the company provides a range of deposit and lending products designed to meet the needs of individuals, small businesses and agricultural clients. Its core activities include accepting various deposit accounts, making commercial and residential loans, and offering treasury management solutions.

Elmer Bank’s product suite encompasses traditional banking offerings such as checking and savings accounts, certificates of deposit and money market accounts, alongside lending services including commercial real estate mortgages, construction loans, agricultural financing and consumer installment loans.