Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Short Interest Up 1,900.0% in June

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 20 shares, an increase of 1,900.0% from the June 15th total of 1 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 79 shares, the days-to-cover ratio is currently 0.3 days.

Farmers & Merchants Bank of Long Beach Price Performance

Shares of FMBL stock remained flat at $9,165.00 during trading hours on Friday. The stock had a trading volume of 13 shares, compared to its average volume of 45. The company has a 50 day moving average price of $8,695.16 and a 200-day moving average price of $8,468.91. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. The firm has a market cap of $1.10 billion, a PE ratio of 16.38 and a beta of 0.24. Farmers & Merchants Bank of Long Beach has a 12 month low of $5,660.00 and a 12 month high of $9,257.00.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last released its quarterly earnings results on Monday, April 20th. The company reported $157.45 earnings per share (EPS) for the quarter. The business had revenue of $81.90 million during the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 5.22% and a net margin of 16.08%.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) is a community bank founded in 1907 and headquartered in Long Beach, California. As a wholly owned subsidiary of FMB Bancorp, the bank serves individuals, families and local businesses with a focus on personalized relationship banking. Its long history reflects a commitment to supporting the economic growth and development of the communities it serves.

The bank’s primary business activities include a broad range of commercial and retail banking services.