Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 66 shares, an increase of 61.0% from the November 30th total of 41 shares. Based on an average daily volume of 282 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 282 shares, the days-to-cover ratio is presently 0.2 days.
Farmers and Merchants Bancshares Trading Up 1.2%
OTCMKTS:FMFG opened at $17.22 on Tuesday. The business’s fifty day moving average is $16.67 and its 200 day moving average is $16.56. Farmers and Merchants Bancshares has a 52-week low of $14.76 and a 52-week high of $19.00.
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.
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