Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Sees Significant Growth in Short Interest

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 294 shares, a growth of 194.0% from the August 15th total of 100 shares. Based on an average daily volume of 4,765 shares, the short-interest ratio is presently 0.1 days.

Farmers and Merchants Bancshares Price Performance

FMFG stock opened at $18.71 on Monday. Farmers and Merchants Bancshares has a 1 year low of $15.75 and a 1 year high of $21.00. The firm has a 50-day moving average of $18.91 and a 200 day moving average of $18.10.

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.