Glen Burnie Bancorp (NASDAQ:GLBZ) Short Interest Update

Glen Burnie Bancorp (NASDAQ:GLBZ) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 5,100 shares, a growth of 45.7% from the November 15th total of 3,500 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 5,800 shares, the days-to-cover ratio is presently 0.9 days.

Glen Burnie Bancorp Stock Down 3.1 %

NASDAQ:GLBZ opened at $5.95 on Friday. The stock has a market cap of $17.26 million, a P/E ratio of 198.40 and a beta of 0.62. The business’s 50-day moving average price is $5.72 and its two-hundred day moving average price is $5.07. Glen Burnie Bancorp has a twelve month low of $3.37 and a twelve month high of $7.16.

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

About Glen Burnie Bancorp

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.