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

Mediobanca Banca di Credito Finanziario S.p.A. (OTCMKTS:MDIBY) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 3,446 shares, an increase of 344,500.0% from the June 15th total of 1 shares. Based on an average daily volume of 10,300 shares, the days-to-cover ratio is presently 0.3 days.

Mediobanca Banca di Credito Finanziario Stock Performance

MDIBY traded up $0.53 during midday trading on Friday, reaching $30.91. The company’s stock had a trading volume of 1,199 shares, compared to its average volume of 6,704. The company has a fifty day simple moving average of $26.95 and a 200 day simple moving average of $22.87. Mediobanca Banca di Credito Finanziario has a twelve month low of $17.66 and a twelve month high of $30.98.

About Mediobanca Banca di Credito Finanziario

Mediobanca – Banca di Credito Finanziario S.p.A. is an Italian financial institution founded in 1946 and headquartered in Milan. Initially established to support the post-war reconstruction of Italian industry, the bank has grown into one of the country’s leading corporate and investment banking groups. Over its history, Mediobanca has played a central role in landmark Italian M&A transactions and capital market operations.

The Group’s core business activities encompass corporate finance, debt and equity capital markets, securitization and lending to large and mid-sized corporates.