Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Short Interest Up 100.0% in February

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 400 shares, a growth of 100.0% from the February 13th total of 200 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is presently 0.3 days.

Farmers and Merchants Bancshares Stock Down 0.2 %

Shares of FMFG stock traded down $0.03 on Friday, hitting $16.50. The company’s stock had a trading volume of 200 shares, compared to its average volume of 800. Farmers and Merchants Bancshares has a fifty-two week low of $12.51 and a fifty-two week high of $26.00. The firm’s fifty day moving average price is $17.12 and its 200-day moving average price is $16.27.

Farmers and Merchants Bancshares Company Profile

Farmers and Merchants Bancshares, Inc operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements.