Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Short Interest Up 9,900.0% in June

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 100 shares, a growth of 9,900.0% from the June 15th total of 1 shares. Based on an average daily trading volume, of 1,776 shares, the short-interest ratio is currently 0.1 days.

Farmers and Merchants Bancshares Stock Performance

OTCMKTS:FMFG traded up $0.21 on Friday, reaching $18.80. The stock had a trading volume of 203 shares, compared to its average volume of 984. The company has a 50-day moving average of $17.76 and a 200 day moving average of $17.90. Farmers and Merchants Bancshares has a 12-month low of $15.75 and a 12-month high of $21.00.

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.