Medallion Bank (NASDAQ:MBNKP) Short Interest Up 54.5% in March

Posted by Caroline Horne on Mar 30th, 2025

Medallion Bank (NASDAQ:MBNKP – Get Free Report) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 1,700 shares, a growth of 54.5% from the February 28th total of 1,100 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 1.4 days.

Medallion Bank Stock Performance

Shares of Medallion Bank stock traded up $0.28 on Friday, hitting $25.63. The company had a trading volume of 397 shares, compared to its average volume of 2,072. Medallion Bank has a 1 year low of $24.25 and a 1 year high of $27.00. The stock has a 50 day moving average of $25.47 and a 200-day moving average of $25.39.

Medallion Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 7.80%. The ex-dividend date is Monday, March 17th.

Hedge Funds Weigh In On Medallion Bank

An institutional investor recently raised its position in Medallion Bank stock. Uniplan Investment Counsel Inc. lifted its holdings in shares of Medallion Bank (NASDAQ:MBNKP – Free Report) by 1.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,814 shares of the company’s stock after acquiring an additional 895 shares during the quarter. Uniplan Investment Counsel Inc.’s holdings in Medallion Bank were worth $1,715,000 at the end of the most recent quarter.

About Medallion Bank

(Get Free Report)

Medallion Bank, an industrial bank, originates consumer loans, raises deposits, and conducts other banking activities in the United States. It provides consumer loans to purchase recreational vehicles, boats, and trailers. The company also offers financing for windows, siding, and roof replacement; and swimming pool and other home improvement projects, as well as provides loan origination services.