Elmer Bancorp, Inc. (OTCMKTS:ELMA) Short Interest Up 294.1% in July

Elmer Bancorp, Inc. (OTCMKTS:ELMA) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 134 shares, a growth of 294.1% from the July 15th total of 34 shares. Based on an average daily volume of 242 shares, the days-to-cover ratio is presently 0.6 days.

Elmer Bancorp Price Performance

ELMA remained flat at $29.00 during midday trading on Friday. The company’s stock had a trading volume of 100 shares, compared to its average volume of 1,063. Elmer Bancorp has a 52 week low of $21.90 and a 52 week high of $29.00. The firm has a 50-day simple moving average of $26.13 and a 200-day simple moving average of $24.82.

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.