First Farmers and Merchants Co. (OTCMKTS:FFMH – Get Free Report) was the recipient of a large 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 presently 0.2 days.
First Farmers and Merchants Stock Performance
Shares of OTCMKTS:FFMH remained flat at $38.29 during trading on Friday. First Farmers and Merchants has a 52 week low of $26.80 and a 52 week high of $38.50. The business has a 50-day moving average of $35.76 and a 200-day moving average of $35.00.
First Farmers and Merchants Announces Dividend
The firm 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.
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.
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