Mediobanca Banca di Credito Finanziario S.p.A. (OTCMKTS:MDIBY) Sees Significant Drop in Short Interest

Mediobanca Banca di Credito Finanziario S.p.A. (OTCMKTS:MDIBY) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 5,600 shares, a drop of 70.2% from the March 15th total of 18,800 shares. Based on an average daily volume of 12,200 shares, the short-interest ratio is currently 0.5 days.

Mediobanca Banca di Credito Finanziario Stock Up 4.6 %

Shares of MDIBY traded up $0.76 during midday trading on Tuesday, reaching $17.37. 42,677 shares of the stock were exchanged, compared to its average volume of 9,431. The firm has a 50 day simple moving average of $17.94 and a 200-day simple moving average of $16.44. Mediobanca Banca di Credito Finanziario has a 12-month low of $13.99 and a 12-month high of $19.73.

Mediobanca Banca di Credito Finanziario Company Profile

Mediobanca Banca di Credito Finanziario S.p.A., together with its subsidiaries, provides various banking products and services in Italy and internationally. The company operates through Wealth Management, Consumer Finance, Corporate and Investment Banking, Insurance – Principal Investing, and Holding Functions segments.