Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) Sees Significant Growth in Short Interest

Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 160,200 shares, an increase of 71.2% from the September 30th total of 93,600 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Banca Mediolanum Stock Performance

Shares of OTCMKTS:BNMDF remained flat at $10.45 during trading on Friday. The company’s 50-day moving average is $10.45 and its two-hundred day moving average is $10.44. Banca Mediolanum has a 52-week low of $9.37 and a 52-week 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.