Kandal M Venture Limited (NASDAQ:FMFC – Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 247,505 shares, a growth of 25.3% from the March 15th total of 197,579 shares. Based on an average daily volume of 636,329 shares, the days-to-cover ratio is presently 0.4 days. Currently, 2.2% of the shares of the stock are short sold.
Kandal M Venture Stock Down 8.7%
Shares of NASDAQ FMFC opened at $0.42 on Friday. The company’s 50 day simple moving average is $0.42 and its 200 day simple moving average is $2.05. Kandal M Venture has a fifty-two week low of $0.25 and a fifty-two week high of $15.75. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.50 and a current ratio of 4.46.
Kandal M Venture (NASDAQ:FMFC – Get Free Report) last announced its quarterly earnings data on Monday, March 23rd. The bank reported $0.00 earnings per share for the quarter. The business had revenue of $3.95 million during the quarter.
Hedge Funds Weigh In On Kandal M Venture
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e)” rating on shares of Kandal M Venture in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.
Check Out Our Latest Analysis on Kandal M Venture
About Kandal M Venture
First M&F Corporation is a one-bank holding company. The Company engages in the banking business through its wholly owned subsidiary, Merchants and Farmers Bank of Kosciusko (the Bank) in the states of Mississippi, Tennessee, Alabama and Florida. The Bank offers a range of commercial and consumer services at its main office and two branches in Kosciusko and its branches within central and north Mississippi, including Ackerman, Brandon, Bruce, Canton, Cleveland, Clinton, Durant, Flowood, Grenada, Madison, Olive Branch, Oxford, Pearl, Philadelphia, Ridgeland, Southaven, Starkville, and Tupelo.
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