Elmer Bancorp, Inc. (OTCMKTS:ELMA) Sees Large Increase in Short Interest

Elmer Bancorp, Inc. (OTCMKTS:ELMA) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 234 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 364 shares, the days-to-cover ratio is presently 0.6 days.

Elmer Bancorp Price Performance

OTCMKTS ELMA remained flat at $24.85 on Monday. Elmer Bancorp has a 1-year low of $20.60 and a 1-year high of $26.25. The firm has a 50 day moving average of $24.25 and a 200 day moving average of $23.56.

About Elmer Bancorp

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.