Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) Sees Significant Drop in Short Interest

Banca Mediolanum S.p.A. (OTCMKTS:BNMDFGet Free Report) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 397,900 shares, a decrease of 25.0% from the December 15th total of 530,600 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Banca Mediolanum Price Performance

Shares of OTCMKTS BNMDF remained flat at $11.50 during mid-day trading on Wednesday. The company’s 50-day simple moving average is $11.44 and its two-hundred day simple moving average is $10.79. Banca Mediolanum has a 52-week low of $11.50 and a 52-week high of $11.50.

Banca Mediolanum Dividend Announcement

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

About Banca Mediolanum

(Get Free Report)

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.

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