Elmer Bancorp, Inc. (OTCMKTS:ELMA) Short Interest Up 100.0% in February

Elmer Bancorp, Inc. (OTCMKTS:ELMA) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, an increase of 100.0% from the January 31st total of 100 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 0.2 days.

Elmer Bancorp Price Performance

Shares of ELMA remained flat at $22.50 during mid-day trading on Friday. The stock had a trading volume of 100 shares, compared to its average volume of 1,618. Elmer Bancorp has a 1-year low of $18.90 and a 1-year high of $23.45. The business has a fifty day moving average of $22.40 and a 200-day moving average of $21.74.

Elmer Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Friday, February 14th. Elmer Bancorp’s dividend payout ratio (DPR) is currently 75.20%.

Elmer Bancorp Company Profile

Elmer Bancorp, Inc operates as the bank holding company for The First National Bank of Elmer that provides various business and personal banking products and services. It provides checking, money market, savings, NOW, Christmas club, and individual retirement accounts; and certificates of deposit. The company also offers business loans comprising owner occupied real estate, investment real estate, agricultural, business expansion, vehicle, term, construction, and construction to permanent loans, as well as business lines of credit and letters of credit; and small business administration loans, term loans, home equity loans, lines of credit, residential mortgages, consumer loans, and commercial mortgages.