Glen Burnie Bancorp (NASDAQ:GLBZ) Short Interest Update

Glen Burnie Bancorp (NASDAQ:GLBZ) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 6,600 shares, a growth of 43.5% from the October 15th total of 4,600 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is presently 1.2 days.

Glen Burnie Bancorp Stock Performance

GLBZ stock traded down $0.20 on Friday, reaching $5.76. The company’s stock had a trading volume of 294 shares, compared to its average volume of 7,344. The firm has a market cap of $16.70 million, a PE ratio of 192.06 and a beta of 0.62. The business has a fifty day simple moving average of $5.58 and a two-hundred day simple moving average of $4.92. Glen Burnie Bancorp has a 12-month low of $3.37 and a 12-month high of $7.16.

Glen Burnie Bancorp (NASDAQ:GLBZ) last posted its earnings results on Thursday, October 31st. The financial services provider reported $0.04 EPS for the quarter. Glen Burnie Bancorp had a net margin of 0.60% and a return on equity of 0.50%. The firm had revenue of $3.18 million during the quarter.

Glen Burnie Bancorp Company Profile

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.