Short Interest in Malaga Financial Corp. (OTCMKTS:MLGF) Drops By 55.4%

Malaga Financial Corp. (OTCMKTS:MLGF) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 99 shares, a decline of 55.4% from the April 30th total of 222 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 10,940 shares, the short-interest ratio is currently 0.0 days.

Malaga Financial Trading Down 0.7%

MLGF traded down $0.15 on Tuesday, hitting $21.70. The company had a trading volume of 3,050 shares, compared to its average volume of 2,955. The firm has a market cap of $214.83 million, a P/E ratio of 9.67 and a beta of 0.08. Malaga Financial has a 1 year low of $19.10 and a 1 year high of $23.40. The company’s fifty day moving average price is $21.60 and its 200 day moving average price is $21.79.

Malaga Financial (OTCMKTS:MLGF) last issued its quarterly earnings data on Thursday, April 16th. The company reported $0.61 earnings per share (EPS) for the quarter.

Malaga Financial Company Profile

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, business banking, consumer, and demand deposits. The company also provides commercial real estate, single and multi-family residential mortgage, consumer, 14-unit investment property, construction, personal, and business loans; home equity lines of credit; and certificates of deposit.