Short Interest in Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Grows By 1,900.0%

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 20 shares, an increase of 1,900.0% from the June 15th total of 1 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 79 shares, the days-to-cover ratio is presently 0.3 days.

Farmers & Merchants Bank of Long Beach Stock Performance

Shares of FMBL remained flat at $9,165.00 during mid-day trading on Friday. The stock had a trading volume of 13 shares, compared to its average volume of 45. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. Farmers & Merchants Bank of Long Beach has a 52 week low of $5,660.00 and a 52 week high of $9,257.00. The business’s fifty day moving average price is $8,695.16 and its 200-day moving average price is $8,468.91. The stock has a market cap of $1.10 billion, a PE ratio of 16.38 and a beta of 0.24.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its quarterly earnings data on Monday, April 20th. The company reported $157.45 earnings per share for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 16.08% and a return on equity of 5.22%. The company had revenue of $81.90 million for the quarter.

Farmers & Merchants Bank of Long Beach Company Profile

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) is a community bank founded in 1907 and headquartered in Long Beach, California. As a wholly owned subsidiary of FMB Bancorp, the bank serves individuals, families and local businesses with a focus on personalized relationship banking. Its long history reflects a commitment to supporting the economic growth and development of the communities it serves.

The bank’s primary business activities include a broad range of commercial and retail banking services.