Elmer Bancorp, Inc. (OTCMKTS:ELMA) Short Interest Up 294.1% in July

Elmer Bancorp, Inc. (OTCMKTS:ELMA) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 134 shares, an increase of 294.1% from the July 15th total of 34 shares. Based on an average trading volume of 242 shares, the short-interest ratio is currently 0.6 days.

Elmer Bancorp Price Performance

Shares of OTCMKTS:ELMA opened at $29.00 on Friday. The business’s 50 day simple moving average is $26.22 and its 200-day simple moving average is $24.85. Elmer Bancorp has a 12 month low of $21.90 and a 12 month high of $29.00.

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.