Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 100 shares, a growth of 1,011.1% from the July 30th total of 9 shares. Based on an average trading volume of 76 shares, the days-to-cover ratio is presently 1.3 days.
Farmers and Merchants Bancshares Trading Up 0.3%
OTCMKTS:FMFG opened at $18.50 on Thursday. Farmers and Merchants Bancshares has a fifty-two week low of $15.75 and a fifty-two week high of $21.00. The business’s 50-day simple moving average is $18.79 and its 200-day simple moving average is $18.18.
About Farmers and Merchants Bancshares
Farmers and Merchants Bancshares is the bank holding company for Farmers and Merchants Bank, a community-focused institution based in Lyons, Kansas. Through its banking subsidiary, the company provides a full range of deposit and lending products designed to meet the needs of individuals, families and small businesses. Core offerings include checking and savings accounts, certificates of deposit and consumer loan products such as auto and home mortgages.
In addition to traditional banking services, Farmers and Merchants Bancshares offers commercial and agricultural lending to support local enterprises and farming operations throughout its service area.
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