Embassy Bancorp, Inc. (OTCMKTS:EMYB) Short Interest Update

Embassy Bancorp, Inc. (OTCMKTS:EMYB) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 5 shares, an increase of ? from the August 15th total of 0 shares. Based on an average daily trading volume, of 17,021 shares, the days-to-cover ratio is currently 0.0 days.

Embassy Bancorp Trading Down 0.6%

OTCMKTS:EMYB opened at $22.05 on Thursday. The company has a fifty day moving average of $22.31 and a 200 day moving average of $21.12. Embassy Bancorp has a 52 week low of $17.07 and a 52 week high of $22.75.

Embassy Bancorp announced that its Board of Directors has initiated a share repurchase program on Monday, June 1st that permits the company to repurchase $5.00 million in outstanding shares. This repurchase authorization permits the financial services provider to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

About Embassy Bancorp

Embassy Bancorp, Inc operates as the bank holding company for the Embassy Bank for the Lehigh Valley that provides traditional banking and related financial services to individual, business, and government customers in Pennsylvania. The company offers demand deposits, savings, money market, time deposits, individual retirement, and NOW accounts; and certificates of deposit. It provides loans, such as secured fixed and variable rate loans; commercial lending; consumer lending, including mortgage loans, first time home buyer mortgages, secured home equity loans, lines of credit; residential mortgage loans; and commercial mortgage/construction loans.