Short Interest in Elmer Bancorp, Inc. (OTCMKTS:ELMA) Expands By 294.1%

Elmer Bancorp, Inc. (OTCMKTS:ELMA) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 134 shares, a growth of 294.1% from the July 15th total of 34 shares. Based on an average daily volume of 242 shares, the days-to-cover ratio is currently 0.6 days.

Elmer Bancorp Stock Performance

OTCMKTS:ELMA opened at $29.00 on Thursday. The business has a 50 day moving average of $26.05 and a 200 day moving average of $24.78. Elmer Bancorp has a 1-year low of $21.90 and a 1-year high of $29.00.

Elmer Bancorp Company Profile

Elmer Bancorp, Inc is the bank holding company for Elmer Bank, N.A., a New Jersey-chartered commercial bank focused on community banking services. Headquartered in Elmer, New Jersey, the company provides a range of deposit and lending products designed to meet the needs of individuals, small businesses and agricultural clients. Its core activities include accepting various deposit accounts, making commercial and residential loans, and offering treasury management solutions.

Elmer Bank’s product suite encompasses traditional banking offerings such as checking and savings accounts, certificates of deposit and money market accounts, alongside lending services including commercial real estate mortgages, construction loans, agricultural financing and consumer installment loans.