Elmer Bancorp, Inc. (OTCMKTS:ELMA) Sees Large Decrease in Short Interest

Elmer Bancorp, Inc. (OTCMKTS:ELMA) was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 200 shares, a decline of 50.0% from the June 30th total of 400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

Elmer Bancorp Stock Performance

OTCMKTS:ELMA opened at $21.50 on Thursday. Elmer Bancorp has a one year low of $19.55 and a one year high of $23.45. The firm has a 50-day simple moving average of $21.44 and a 200-day simple moving average of $21.82.

About Elmer Bancorp

Elmer Bancorp, Inc operates as the bank holding company for The First National Bank of Elmer that provides various business and personal banking products and services. It provides checking, money market, savings, NOW, Christmas club, and individual retirement accounts; and certificates of deposit. The company also offers business loans comprising owner occupied real estate, investment real estate, agricultural, business expansion, vehicle, term, construction, and construction to permanent loans, as well as business lines of credit and letters of credit; and small business administration loans, term loans, home equity loans, lines of credit, residential mortgages, consumer loans, and commercial mortgages.