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 large increase in short interest in May. As of May 29th, there was short interest totaling 50 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 404 shares, the short-interest ratio is currently 0.1 days.

First Farmers and Merchants Stock Performance

Shares of OTCMKTS FFMH opened at $57.75 on Tuesday. The firm’s 50-day simple moving average is $55.69 and its 200 day simple moving average is $52.52. First Farmers and Merchants has a 12-month low of $38.70 and a 12-month high of $57.75.

About First Farmers and Merchants

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. Its loan portfolio comprises personal mortgages; home equity lines of credit; debit and credit cards; personal, auto, and farmer loans; and business loans, such as commercial mortgages, equipment lending and leasing, construction lending, accounts receivable financing, lines of credit, and other products.