First Farmers and Merchants Co. (OTCMKTS:FFMH) Sees Significant Growth in Short Interest

First Farmers and Merchants Co. (OTCMKTS:FFMH) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 200 shares, a growth of 100.0% from the January 15th total of 100 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is currently 0.2 days.

First Farmers and Merchants Price Performance

OTCMKTS:FFMH remained flat at $38.29 during trading hours on Friday. The company’s 50 day moving average is $35.76 and its two-hundred day moving average is $35.00. First Farmers and Merchants has a one year low of $26.80 and a one year high of $38.50.

First Farmers and Merchants Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date was Thursday, January 2nd.

First Farmers and Merchants Company Profile

First Farmers and Merchants Corporation operates as the bank holding company for First Farmers and Merchants Bank that provides various banking and financial services in Middle Tennessee and Northern Alabama. The company's deposit products include personal and business checking and savings, and individual retirement and investment accounts, as well as certificates of deposit.