First Farmers and Merchants Co. (OTCMKTS:FFMH) Short Interest Update

First Farmers and Merchants Co. (OTCMKTS:FFMH) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1 shares, a drop of 98.0% from the May 31st total of 50 shares. Based on an average daily trading volume, of 1,297 shares, the days-to-cover ratio is currently 0.0 days.

First Farmers and Merchants Stock Performance

Shares of First Farmers and Merchants stock remained flat at $57.75 during midday trading on Friday. The firm’s 50 day moving average is $56.57 and its two-hundred day moving average is $53.09. First Farmers and Merchants has a one year low of $38.70 and a one year high of $57.75.

About First Farmers and Merchants

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.