F & M Bank Corp. (OTCMKTS:FMBM) Sees Large Increase in Short Interest

F & M Bank Corp. (OTCMKTS:FMBM) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 1,400 shares, an increase of 40.0% from the August 31st total of 1,000 shares. Based on an average trading volume of 5,200 shares, the short-interest ratio is presently 0.3 days.

F & M Bank Price Performance

Shares of OTCMKTS:FMBM traded up $0.02 on Friday, reaching $23.40. 2,518 shares of the company traded hands, compared to its average volume of 3,619. The stock has a market capitalization of $82.34 million, a PE ratio of 27.86 and a beta of 0.39. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.73 and a quick ratio of 0.73. The company’s 50 day moving average is $21.47 and its 200-day moving average is $18.20. F & M Bank has a fifty-two week low of $15.00 and a fifty-two week high of $23.84.

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

F & M Bank Dividend Announcement

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

About F & M Bank

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.