First Farmers and Merchants Co. (OTCMKTS:FFMH) Short Interest Up 10,000.0% in August

First Farmers and Merchants Co. (OTCMKTS:FFMH) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 101 shares, a growth of 10,000.0% from the July 30th total of 1 shares. Based on an average daily volume of 237 shares, the short-interest ratio is presently 0.4 days.

First Farmers and Merchants Stock Performance

OTCMKTS FFMH remained flat at $63.20 during mid-day trading on Tuesday. 10 shares of the company were exchanged, compared to its average volume of 1,283. First Farmers and Merchants has a 1 year low of $42.50 and a 1 year high of $63.20. The firm’s fifty day simple moving average is $59.36 and its two-hundred day simple moving average is $56.14.

First Farmers and Merchants Company Profile

First Farmers and Merchants Corporation operates as the bank holding company for First Farmers and Merchants Bank that provides various banking and financial services in Middle Tennessee and Northern Alabama. The company's deposit products include personal and business checking and savings, and individual retirement and investment accounts, as well as certificates of deposit. Its loan portfolio comprises personal mortgages; home equity lines of credit; debit and credit cards; personal, auto, and farmer loans; and business loans, such as commercial mortgages, equipment lending and leasing, construction lending, accounts receivable financing, lines of credit, and other products.