Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sees Significant Growth in Short Interest

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBLGet Free Report) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 20 shares, a growth of 1,900.0% from the June 15th total of 1 shares. Based on an average trading volume of 79 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Farmers & Merchants Bank of Long Beach Stock Performance

Farmers & Merchants Bank of Long Beach stock remained flat at $9,165.00 during mid-day trading on Friday. The company had a trading volume of 13 shares, compared to its average volume of 45. The firm’s 50 day moving average is $8,695.16 and its 200-day moving average is $8,468.91. The firm 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 has a fifty-two week low of $5,660.00 and a fifty-two week high of $9,257.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.72 and a quick ratio of 0.72.

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

About Farmers & Merchants Bank of Long Beach

(Get Free Report)

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.

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