Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report) was the target of a significant growth in short interest in 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 trading volume, of 1,500 shares, the days-to-cover ratio is currently 0.3 days.
Farmers and Merchants Bancshares Price Performance
OTCMKTS:FMFG traded down $0.50 during mid-day trading on Friday, reaching $16.50. The company’s stock had a trading volume of 200 shares, compared to its average volume of 800. The firm’s fifty day moving average price is $17.04 and its two-hundred day moving average price is $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
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