Bank Mediolanum SpA (OTCMKTS: BNMDF – Get a rating) benefited from a significant drop in short-term interest rates in May. As of May 31, there was short interest totaling 248,800 shares, a decline of 62.7% from the May 15 total of 667,900 shares. Based on an average daily trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Shares of BNMDF opened at $7.70 on Friday. The company’s fifty-day moving average is $7.57 and its 200-day moving average is $8.07. Banca Mediolanum has a fifty-two week minimum of $5.47 and a fifty-two week maximum of $10.20.
About Banca Mediolanum (Get a rating)
Banca Mediolanum SpA provides various banking products and services in Italy. The company offers current accounts, mortgages and loans. It also provides debit, credit and prepaid cards; savings and investment products, such as stocks and bonds, as well as trading services; and insurance and pension products and services.
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