Short Interest in F & M Bank Corp. (OTCMKTS:FMBM) Increases By 40.0%

F & M Bank Corp. (OTCMKTS:FMBM) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 1,400 shares, a growth 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 Stock Performance

Shares of FMBM stock traded up $0.02 during trading hours on Friday, hitting $23.40. 2,518 shares of the company were exchanged, compared to its average volume of 3,619. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $82.34 million, a price-to-earnings ratio of 27.86 and a beta of 0.39. The firm has a fifty day simple moving average of $21.47 and a 200 day simple moving average of $18.20. F & M Bank has a 52-week low of $15.00 and a 52-week high of $23.84.

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

F & M Bank Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Wednesday, August 14th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend 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.