Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sees Significant Increase in Short Interest

Farmers & Merchants Bancorp (OTCMKTS:FMCB) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 34 shares, an increase of 3,300.0% from the August 15th total of 1 shares. Based on an average daily volume of 103 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Farmers & Merchants Bancorp Price Performance

Shares of FMCB stock traded down $0.01 during trading hours on Thursday, reaching $1,429.99. The company’s stock had a trading volume of 37 shares, compared to its average volume of 168. The firm’s 50 day simple moving average is $1,385.91 and its 200-day simple moving average is $1,293.12. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of 10.22 and a beta of 0.45. Farmers & Merchants Bancorp has a fifty-two week low of $985.25 and a fifty-two week high of $1,540.00. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.02.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its quarterly earnings results on Monday, July 20th. The bank reported $36.39 earnings per share (EPS) for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.68% and a net margin of 31.10%.The company had revenue of $62.39 million for the quarter.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.