Short Interest in Elmer Bancorp, Inc. (OTCMKTS:ELMA) Decreases By 74.6%

Elmer Bancorp, Inc. (OTCMKTS:ELMA) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 34 shares, a decline of 74.6% from the June 15th total of 134 shares. Based on an average daily volume of 552 shares, the short-interest ratio is presently 0.1 days.

Elmer Bancorp Stock Up 2.6%

ELMA traded up $0.65 on Friday, reaching $25.50. The stock had a trading volume of 150 shares, compared to its average volume of 1,328. Elmer Bancorp has a 12-month low of $21.35 and a 12-month high of $26.25. The business’s 50-day moving average price is $25.04 and its two-hundred day moving average price is $24.09.

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.