Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Short Interest Update

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 42 shares, a growth of 1,300.0% from the January 29th total of 3 shares. Based on an average daily trading volume, of 496 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 496 shares, the short-interest ratio is presently 0.1 days.

Farmers and Merchants Bancshares Price Performance

Shares of FMFG stock remained flat at $19.03 during trading hours on Wednesday. Farmers and Merchants Bancshares has a 12 month low of $14.76 and a 12 month high of $21.00. The business’s 50-day simple moving average is $18.26 and its two-hundred day simple moving average is $17.14.

Farmers and Merchants Bancshares Company Profile

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.