First Farmers and Merchants Co. (OTCMKTS:FFMH) Sees Significant Increase in Short Interest

First Farmers and Merchants Co. (OTCMKTS:FFMH – Get Free Report) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 50 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 404 shares, the days-to-cover ratio is presently 0.1 days.

First Farmers and Merchants Price Performance

OTCMKTS:FFMH remained flat at $57.75 during trading hours on Friday. The business has a 50 day simple moving average of $55.59 and a two-hundred day simple moving average of $52.41. First Farmers and Merchants has a 12-month low of $38.70 and a 12-month high of $57.75.

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First Farmers and Merchants Company Profile

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First Farmers and Merchants Corporation operates as the bank holding company for First Farmers and Merchants Bank that provides various banking and financial services in Middle Tennessee and Northern Alabama. The company's deposit products include personal and business checking and savings, and individual retirement and investment accounts, as well as certificates of deposit. Its loan portfolio comprises personal mortgages; home equity lines of credit; debit and credit cards; personal, auto, and farmer loans; and business loans, such as commercial mortgages, equipment lending and leasing, construction lending, accounts receivable financing, lines of credit, and other products.

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