Elmer Bancorp, Inc. (OTCMKTS:ELMA) Short Interest Up 100.0% in February

Elmer Bancorp, Inc. (OTCMKTS:ELMA) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, an increase of 100.0% from the January 31st total of 100 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is currently 0.2 days.

Elmer Bancorp Price Performance

Elmer Bancorp stock remained flat at $22.50 during trading hours on Friday. 100 shares of the company’s stock traded hands, compared to its average volume of 1,618. Elmer Bancorp has a 12 month low of $18.90 and a 12 month high of $23.45. The business’s 50-day simple moving average is $22.40 and its 200-day simple moving average is $21.74.

Elmer Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.40 annualized dividend and a dividend yield of 1.78%. Elmer Bancorp’s payout ratio is presently 75.20%.

Elmer Bancorp Company Profile

Elmer Bancorp, Inc operates as the bank holding company for The First National Bank of Elmer that provides various business and personal banking products and services. It provides checking, money market, savings, NOW, Christmas club, and individual retirement accounts; and certificates of deposit. The company also offers business loans comprising owner occupied real estate, investment real estate, agricultural, business expansion, vehicle, term, construction, and construction to permanent loans, as well as business lines of credit and letters of credit; and small business administration loans, term loans, home equity loans, lines of credit, residential mortgages, consumer loans, and commercial mortgages.