Glen Burnie Bancorp (NASDAQ:GLBZ) Short Interest Update

Glen Burnie Bancorp (NASDAQ:GLBZ) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 4,600 shares, a decrease of 22.0% from the September 30th total of 5,900 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is presently 0.7 days.

Glen Burnie Bancorp Price Performance

Shares of NASDAQ:GLBZ traded up $0.01 during midday trading on Wednesday, hitting $5.58. The company had a trading volume of 850 shares, compared to its average volume of 7,489. Glen Burnie Bancorp has a twelve month low of $3.37 and a twelve month high of $7.16. The stock has a market cap of $16.15 million, a price-to-earnings ratio of 15.91 and a beta of 0.63. The business’s 50-day simple moving average is $5.45 and its 200-day simple moving average is $4.87.

Glen Burnie Bancorp Company Profile

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.