Elmer Bancorp, Inc. (OTCMKTS:ELMA) Sees Significant Decline in Short Interest

Elmer Bancorp, Inc. (OTCMKTS:ELMA) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 34 shares, a decline of 74.6% from the June 15th total of 134 shares. Based on an average daily volume of 552 shares, the short-interest ratio is currently 0.1 days.

Elmer Bancorp Trading Up 2.0%

Shares of ELMA stock opened at $26.00 on Tuesday. Elmer Bancorp has a 52-week low of $21.35 and a 52-week high of $26.25. The business’s fifty day moving average is $25.04 and its 200 day moving average is $24.13.

Elmer Bancorp Company Profile

Elmer Bancorp, Inc is the bank holding company for Elmer Bank, N.A., a New Jersey-chartered commercial bank focused on community banking services. Headquartered in Elmer, New Jersey, the company provides a range of deposit and lending products designed to meet the needs of individuals, small businesses and agricultural clients. Its core activities include accepting various deposit accounts, making commercial and residential loans, and offering treasury management solutions.

Elmer Bank’s product suite encompasses traditional banking offerings such as checking and savings accounts, certificates of deposit and money market accounts, alongside lending services including commercial real estate mortgages, construction loans, agricultural financing and consumer installment loans.