Short Interest in Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) Expands By 22.4%

Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 487,100 shares, a growth of 22.4% from the December 31st total of 397,900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Banca Mediolanum Price Performance

Shares of OTCMKTS:BNMDF remained flat at $11.50 during midday trading on Friday. The stock has a 50 day moving average price of $11.50 and a 200 day moving average price of $10.89. Banca Mediolanum has a 1 year low of $11.50 and a 1 year high of $11.50.

Banca Mediolanum Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, November 20th. Shareholders of record on Tuesday, November 19th were paid a $0.37 dividend. This represents a yield of 3.45%. The ex-dividend date of this dividend was Monday, November 18th.

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.