Glen Burnie Bancorp (NASDAQ:GLBZ) Short Interest Update

Glen Burnie Bancorp (NASDAQ:GLBZ) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 4,600 shares, a decrease of 22.0% from the September 30th total of 5,900 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 6,600 shares, the short-interest ratio is currently 0.7 days.

Glen Burnie Bancorp Price Performance

GLBZ traded up $0.01 on Wednesday, reaching $5.58. The company’s stock had a trading volume of 850 shares, compared to its average volume of 7,489. The business’s 50 day moving average is $5.45 and its 200 day moving average is $4.87. Glen Burnie Bancorp has a 1 year low of $3.37 and a 1 year high of $7.16. The stock has a market cap of $16.15 million, a price-to-earnings ratio of 15.91 and a beta of 0.63.

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.