Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) Sees Large Decline in Short Interest

Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 314,500 shares, a drop of 19.6% from the August 15th total of 391,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Banca Mediolanum Stock Performance

Shares of BNMDF remained flat at $10.45 during trading hours on Tuesday. Banca Mediolanum has a fifty-two week low of $9.37 and a fifty-two week high of $10.45. The firm’s 50 day moving average price is $10.43 and its 200-day moving average price is $10.44.

Banca Mediolanum Company Profile

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.