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

Banca Mediolanum S.p.A. (OTCMKTS:BNCDY) saw a large drop in short interest in August. As of August 15th, there was short interest totalling 100 shares, a drop of 50.0% from the July 31st total of 200 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 0.3 days.

Banca Mediolanum Stock Performance

BNCDY opened at $23.74 on Friday. The stock’s 50 day simple moving average is $22.09 and its 200-day simple moving average is $21.53. Banca Mediolanum has a 1 year low of $16.74 and a 1 year high of $23.74.

About Banca Mediolanum

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.