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

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 123 shares, an increase of 186.0% from the March 31st total of 43 shares. Based on an average daily volume of 416 shares, the days-to-cover ratio is currently 0.3 days.

Farmers and Merchants Bancshares Price Performance

Shares of OTCMKTS FMFG traded up $0.49 during mid-day trading on Friday, hitting $17.69. 400 shares of the company were exchanged, compared to its average volume of 838. The stock has a 50 day simple moving average of $17.87 and a 200-day simple moving average of $17.44. Farmers and Merchants Bancshares has a 1-year low of $15.75 and a 1-year high of $21.00.

Farmers and Merchants Bancshares Company Profile

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.