F & M Bank Corp. (OTCMKTS:FMBM) Sees Large Decline in Short Interest

F & M Bank Corp. (OTCMKTS:FMBM) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, a drop of 33.3% from the October 31st total of 300 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is presently 0.0 days.

F & M Bank Stock Performance

Shares of OTCMKTS FMBM traded up $0.18 during trading on Friday, reaching $20.70. 575 shares of the company traded hands, compared to its average volume of 1,963. The firm has a 50 day simple moving average of $22.26 and a 200-day simple moving average of $20.00. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $72.86 million, a PE ratio of 13.18 and a beta of 0.40. F & M Bank has a 52-week low of $15.15 and a 52-week high of $23.84.

F & M Bank (OTCMKTS:FMBM) last announced its quarterly earnings results on Friday, November 8th. The financial services provider reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $11.24 million for the quarter. F & M Bank had a net margin of 7.48% and a return on equity of 6.69%.

F & M Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 14th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.02%. The ex-dividend date of this dividend was Thursday, November 14th. F & M Bank’s payout ratio is 66.24%.

F & M Bank Company Profile

F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services.