Short Interest in Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) Increases By 100.0%

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) saw a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 400 shares, a growth of 100.0% from the February 13th total of 200 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 0.3 days.

Farmers and Merchants Bancshares Price Performance

FMFG traded down $0.50 on Friday, hitting $16.50. The company had a trading volume of 200 shares, compared to its average volume of 800. The stock has a fifty day moving average price of $17.04 and a 200-day moving average price of $16.27. Farmers and Merchants Bancshares has a 12-month low of $12.51 and a 12-month high of $26.00.

About Farmers and Merchants Bancshares

Farmers and Merchants Bancshares, Inc operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements.