Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Short Interest Up 100.0% in July

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totalling 200 shares, a growth of 100.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 0.2 days.

Farmers and Merchants Bancshares Price Performance

OTCMKTS FMFG traded up $0.25 on Friday, reaching $15.25. The company’s stock had a trading volume of 125 shares, compared to its average volume of 1,782. Farmers and Merchants Bancshares has a twelve month low of $12.51 and a twelve month high of $24.50. The firm’s 50 day moving average is $14.91 and its two-hundred day moving average is $16.15.

Farmers and Merchants Bancshares Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, June 21st. Shareholders of record on Monday, June 3rd were paid a dividend of $0.33 per share. The ex-dividend date was Monday, June 3rd. Farmers and Merchants Bancshares’s dividend payout ratio is presently 41.16%.

Farmers and Merchants Bancshares Company Profile

Farmers and Merchants Bancshares, Inc operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements.