Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) Short Interest Up 181.7% in November

Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 417,500 shares, an increase of 181.7% from the October 31st total of 148,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 4,175.0 days.

Banca Mediolanum Price Performance

Shares of OTCMKTS:BNMDF remained flat at $11.50 during trading on Friday. Banca Mediolanum has a 1-year low of $11.50 and a 1-year high of $11.50. The firm’s 50-day simple moving average is $10.74 and its 200 day simple moving average is $10.54.

Banca Mediolanum Dividend Announcement

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

Banca Mediolanum Company Profile

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.