Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Stock Short Interest Drops 40.0%

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 15 shares, a drop of 40.0% from the August 31st total of 25 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Farmers & Merchants Bank of Long Beach Price Performance

OTCMKTS:FMBL traded down $0.16 during trading hours on Thursday, reaching $9,829.84. 24 shares of the company were exchanged, compared to its average volume of 105. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. The firm has a market cap of $1.19 billion, a PE ratio of 13.98 and a beta of 0.23. Farmers & Merchants Bank of Long Beach has a twelve month low of $7,000.00 and a twelve month high of $9,994.98. The stock’s 50-day moving average is $9,836.19 and its 200-day moving average is $9,041.27.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its earnings results on Tuesday, July 14th. The company reported $256.32 earnings per share (EPS) for the quarter. The business had revenue of $98.99 million for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 19.76% and a return on equity of 6.73%.

Farmers & Merchants Bank of Long Beach Company Profile

Farmers & Merchants Bank of Long Beach is a community bank headquartered in Long Beach, California. Founded in 1907, the bank serves individuals, families, businesses and nonprofit organizations across Southern California through a network of banking offices in the region.

The bank offers traditional personal and business banking products, including checking and savings accounts, certificates of deposit, online and mobile banking, consumer loans, commercial real estate lending and other business financing.