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

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 100 shares, an increase of 1,011.1% from the July 30th total of 9 shares. Based on an average daily volume of 76 shares, the short-interest ratio is presently 1.3 days.

Farmers and Merchants Bancshares Trading Down 0.4%

Farmers and Merchants Bancshares stock traded down $0.08 during mid-day trading on Tuesday, hitting $18.45. 6,819 shares of the company traded hands, compared to its average volume of 1,120. Farmers and Merchants Bancshares has a one year low of $15.75 and a one year high of $21.00. The stock has a fifty day moving average price of $18.77 and a 200-day moving average price of $18.18.

About Farmers and Merchants Bancshares

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.