Glen Burnie Bancorp (NASDAQ:GLBZ) Short Interest Up 45.7% in November

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

Glen Burnie Bancorp Price Performance

Glen Burnie Bancorp stock opened at $6.14 on Friday. The firm has a market cap of $17.81 million, a price-to-earnings ratio of 204.67 and a beta of 0.62. Glen Burnie Bancorp has a fifty-two week low of $3.37 and a fifty-two week high of $7.16. The firm has a fifty day moving average price of $5.70 and a two-hundred day moving average price of $5.05.

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

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.