Short Interest in mBank S.A. (OTCMKTS:MBAKF) Grows By 156.0%

mBank S.A. (OTCMKTS:MBAKFGet Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 11,445 shares, a growth of 156.0% from the June 30th total of 4,470 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

mBank Price Performance

Shares of mBank stock remained flat at $117.79 on Wednesday. mBank has a 12-month low of $69.19 and a 12-month high of $117.79. The business has a 50-day moving average price of $117.79 and a 200-day moving average price of $117.79.

About mBank

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mBank is a leading digital financial institution headquartered in Warsaw, Poland, with roots dating back to its founding as BRE Bank in 1986. Since its rebranding to mBank in 2013, the company has focused on delivering a fully integrated suite of banking services through advanced online and mobile platforms. As one of the first banks in Central and Eastern Europe to embrace direct banking, mBank has established itself as a pioneer in digital financial solutions.

The bank serves a diversified customer base that includes retail clients, small and medium-sized enterprises, and corporate customers.

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