Short Interest in Elmer Bancorp, Inc. (OTCMKTS:ELMA) Declines By 74.6%

Elmer Bancorp, Inc. (OTCMKTS:ELMA) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 34 shares, a decline of 74.6% from the June 15th total of 134 shares. Based on an average daily volume of 552 shares, the days-to-cover ratio is presently 0.1 days.

Elmer Bancorp Stock Performance

ELMA traded up $0.65 during trading on Friday, reaching $25.50. 150 shares of the company’s stock were exchanged, compared to its average volume of 1,328. Elmer Bancorp has a 1 year low of $21.35 and a 1 year high of $26.25. The company’s fifty day simple moving average is $25.04 and its 200-day simple moving average is $24.09.

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.