Short Interest in Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Expands By 9,900.0%

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 100 shares, a growth of 9,900.0% from the June 15th total of 1 shares. Based on an average daily volume of 1,776 shares, the short-interest ratio is presently 0.1 days.

Farmers and Merchants Bancshares Trading Up 1.1%

Shares of Farmers and Merchants Bancshares stock traded up $0.21 during mid-day trading on Friday, reaching $18.80. 203 shares of the stock were exchanged, compared to its average volume of 984. Farmers and Merchants Bancshares has a fifty-two week low of $15.75 and a fifty-two week high of $21.00. The firm has a 50-day simple moving average of $17.76 and a 200 day simple moving average of $17.90.

About Farmers and Merchants Bancshares

Farmers and Merchants Bancshares is the bank holding company for Farmers and Merchants Bank, a community-focused institution based in Lyons, Kansas. Through its banking subsidiary, the company provides a full range of deposit and lending products designed to meet the needs of individuals, families and small businesses. Core offerings include checking and savings accounts, certificates of deposit and consumer loan products such as auto and home mortgages.

In addition to traditional banking services, Farmers and Merchants Bancshares offers commercial and agricultural lending to support local enterprises and farming operations throughout its service area.