Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Short Interest Update

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) saw a significant growth in short interest in 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 daily trading volume, of 1,000 shares, the short-interest ratio is currently 0.2 days.

Farmers and Merchants Bancshares Price Performance

Farmers and Merchants Bancshares stock traded down $0.25 during midday trading 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 12 month low of $12.51 and a 12 month high of $26.00. The stock’s fifty day moving average is $17.56 and its 200-day moving average is $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.