Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Sees Significant Growth in Short Interest

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 66 shares, a growth of 61.0% from the November 30th total of 41 shares. Based on an average daily trading volume, of 282 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 282 shares, the short-interest ratio is currently 0.2 days.

Farmers and Merchants Bancshares Stock Up 0.1%

Farmers and Merchants Bancshares stock traded up $0.02 during mid-day trading on Friday, hitting $17.02. 200 shares of the stock were exchanged, compared to its average volume of 684. Farmers and Merchants Bancshares has a 12 month low of $14.76 and a 12 month high of $19.00. The firm’s fifty day simple moving average is $16.65 and its two-hundred day simple moving average is $16.55.

Farmers and Merchants Bancshares Company Profile

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.