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

F & M Bank Corp. (OTCMKTS:FMBM) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, a drop of 33.3% from the October 31st total of 300 shares. Based on an average daily trading volume, of 4,200 shares, the short-interest ratio is presently 0.0 days.

F & M Bank Price Performance

Shares of F & M Bank stock traded up $0.18 on Friday, hitting $20.70. 575 shares of the company traded hands, compared to its average volume of 1,963. The business has a 50-day simple moving average of $22.26 and a 200 day simple moving average of $20.00. F & M Bank has a 52 week low of $15.15 and a 52 week high of $23.84. The stock has a market capitalization of $72.86 million, a P/E ratio of 13.18 and a beta of 0.40. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.72 and a current ratio of 0.72.

F & M Bank (OTCMKTS:FMBM) last announced its quarterly earnings results on Friday, November 8th. The financial services provider reported $0.23 earnings per share for the quarter. F & M Bank had a net margin of 7.48% and a return on equity of 6.69%. The company had revenue of $11.24 million for the quarter.

F & M Bank Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 14th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 5.02%. The ex-dividend date of this dividend was Thursday, November 14th. F & M Bank’s dividend payout ratio is presently 66.24%.

F & M Bank Company Profile

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.