Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Shorted: Short Interest Down 83.3% in October

Farmers & Merchants Bancorp (OTCMKTS:FMCB) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 1 shares, a decline of 83.3% from the September 30th total of 6 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 283 shares, the days-to-cover ratio is currently 0.0 days.

Farmers & Merchants Bancorp Stock Performance

FMCB stock opened at $1,440.00 on Tuesday. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 10.22 and a beta of 0.45. The firm has a 50-day simple moving average of $1,443.38 and a two-hundred day simple moving average of $1,295.13. Farmers & Merchants Bancorp has a one year low of $1,005.00 and a one year high of $1,540.00. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.76 and a current ratio of 0.76.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its quarterly earnings results on Tuesday, October 20th. The bank reported $36.75 earnings per share for the quarter. Farmers & Merchants Bancorp had a net margin of 31.30% and a return on equity of 14.80%. The business had revenue of $64.57 million for the quarter.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp (OTCMKTS:FMCB) is the holding company for Farmers & Merchants Bank of Long Beach, a community bank serving individuals, families, businesses and nonprofit organizations in Southern California. The bank provides traditional deposit products, including checking, savings and time accounts, along with lending services for commercial, real estate, construction and consumer needs.

In addition to core banking services, Farmers & Merchants Bank offers business banking, cash-management and treasury services, online and mobile banking, trust and investment services, and wealth-management solutions.