Short Interest in Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) Drops By 22.0%

Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totalling 337,300 shares, a decrease of 22.0% from the May 31st total of 432,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 3,373.0 days.

Banca Mediolanum Price Performance

Shares of OTCMKTS:BNMDF remained flat at $10.45 during midday trading on Friday. The stock’s 50-day moving average price is $10.43 and its 200 day moving average price is $10.01. Banca Mediolanum has a 1-year low of $9.37 and a 1-year high of $10.45.

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.