Glen Burnie Bancorp (NASDAQ:GLBZ) Short Interest Up 45.7% in November

Glen Burnie Bancorp (NASDAQ:GLBZ) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 5,100 shares, a growth of 45.7% from the November 15th total of 3,500 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is currently 0.9 days. Approximately 0.2% of the company’s shares are short sold.

Glen Burnie Bancorp Stock Performance

Shares of Glen Burnie Bancorp stock opened at $5.95 on Friday. Glen Burnie Bancorp has a 52-week low of $3.37 and a 52-week high of $7.16. The stock has a market capitalization of $17.26 million, a price-to-earnings ratio of 198.40 and a beta of 0.62. The company has a fifty day moving average of $5.72 and a 200-day moving average of $5.07.

Glen Burnie Bancorp (NASDAQ:GLBZ) last announced its quarterly earnings data on Thursday, October 31st. The financial services provider reported $0.04 earnings per share (EPS) for the quarter. Glen Burnie Bancorp had a net margin of 0.60% and a return on equity of 0.50%. The company had revenue of $3.18 million during the quarter.

Glen Burnie Bancorp Company Profile

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.