Short Interest in Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) Expands By 63.0%

Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 505,800 shares, an increase of 63.0% from the June 30th total of 310,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5,058.0 days.

Banca Mediolanum Price Performance

Shares of BNMDF remained flat at $10.45 during trading hours on Friday. The stock’s 50 day simple moving average is $10.42 and its 200-day simple moving average is $10.27. Banca Mediolanum has a twelve month low of $9.37 and a twelve month high of $10.45.

About Banca Mediolanum

Banca Mediolanum S.p.A. provides various banking products and services in Italy. The company offers current accounts; deposits; and mortgages and loans. It also provides debit, credit, and prepaid cards; investment products, such as mutual funds, unit linked policies, investment strategies, other investments, trading, and retirement products; and life insurance products and services.