Medibank Private Limited (OTC:MDBPF) Sees Significant Decrease in Short Interest

Medibank Private Limited (OTC:MDBPF) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 424,600 shares, adeclineof24.6% from the July 15th total of 562,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 4,246.0 days. Based on an average daily volume of 100 shares, the short-interest ratio is presently 4,246.0 days.

Medibank Private Stock Performance

OTC MDBPF opened at $3.17 on Friday. Medibank Private has a twelve month low of $2.77 and a twelve month high of $3.2156. The firm’s 50 day moving average price is $3.05 and its two-hundred day moving average price is $2.37.

Medibank Private Company Profile

Medibank Private Limited provides private health insurance and health services in Australia. The company operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment provides private health insurance products, including hospital cover that offers members with health cover for hospital treatments; and ancillary cover, which provides members with health cover for healthcare services, such as dental, optical, and physiotherapy.