F & M Bank Corp. (OTCMKTS:FMBM) Sees Significant Growth in Short Interest

F & M Bank Corp. (OTCMKTS:FMBM) saw a significant increase in short interest during 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 daily volume of 5,200 shares, the days-to-cover ratio is presently 0.3 days.

F & M Bank Stock Performance

Shares of F & M Bank stock traded up $0.02 during trading on Friday, reaching $23.40. The company’s stock had a trading volume of 2,518 shares, compared to its average volume of 3,619. The business’s fifty day moving average price is $21.47 and its 200-day moving average price is $18.20. F & M Bank has a one year low of $15.00 and a one 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 debt-to-equity ratio of 0.09, a quick ratio of 0.73 and a current ratio of 0.73.

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

F & M Bank Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Wednesday, August 14th were given a $0.26 dividend. The ex-dividend date 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 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.