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

Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) was the recipient of a large decrease in short interest in 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 days-to-cover ratio is presently ∞ days.

Banca Mediolanum Price Performance

Shares of BNMDF stock remained flat at $11.50 on Friday. Banca Mediolanum has a twelve month low of $11.50 and a twelve month high of $11.50. The stock’s 50-day moving average price is $11.48 and its 200-day moving average price is $10.80.

Banca Mediolanum Announces Dividend

The company 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 was Monday, November 18th. This represents a dividend 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.