Elmer Bancorp, Inc. (OTCMKTS:ELMA) Short Interest Up 100.0% in February

Elmer Bancorp, Inc. (OTCMKTS:ELMA) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 200 shares, a growth of 100.0% from the January 31st total of 100 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is presently 0.2 days.

Elmer Bancorp Price Performance

Shares of ELMA remained flat at $22.50 on Friday. 100 shares of the company traded hands, compared to its average volume of 1,618. The firm has a 50 day simple moving average of $22.40 and a 200 day simple moving average of $21.74. Elmer Bancorp has a 12 month low of $18.90 and a 12 month high of $23.45.

Elmer Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Friday, February 14th. Elmer Bancorp’s dividend payout ratio (DPR) is currently 75.20%.

Elmer Bancorp Company Profile

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.