Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 100 shares, a growth of 1,011.1% from the July 30th total of 9 shares. Based on an average trading volume of 76 shares, the short-interest ratio is presently 1.3 days.
Farmers and Merchants Bancshares Price Performance
FMFG stock opened at $18.45 on Wednesday. The business’s fifty day moving average is $18.77 and its 200-day moving average is $18.18. Farmers and Merchants Bancshares has a twelve month low of $15.75 and a twelve month high of $21.00.
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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