Short Interest in F & M Bank Corp. (OTCMKTS:FMBM) Decreases By 78.6%

F & M Bank Corp. (OTCMKTS:FMBM) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 300 shares, a drop of 78.6% from the September 15th total of 1,400 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 0.1 days.

F & M Bank Trading Up 1.7 %

OTCMKTS FMBM traded up $0.40 during trading hours on Friday, hitting $23.40. 421 shares of the company’s stock were exchanged, compared to its average volume of 3,542. The stock has a 50-day simple moving average of $22.56 and a 200 day simple moving average of $18.59. F & M Bank has a 1-year low of $15.00 and a 1-year high of $23.84. The firm has a market cap of $82.34 million, a price-to-earnings ratio of 27.86 and a beta of 0.39. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.09.

F & M Bank (OTCMKTS:FMBM) last released its earnings results on Monday, July 29th. The financial services provider reported $0.86 EPS for the quarter. F & M Bank had a return on equity of 7.49% and a net margin of 8.00%. The business had revenue of $11.19 million during the quarter.

F & M Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Wednesday, August 14th were paid a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $1.04 annualized dividend and a yield of 4.44%. F & M Bank’s dividend payout ratio is currently 123.81%.

F & M Bank Company Profile

F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services.