Banca Mediolanum S.p.A. (OTCMKTS:BNCDY – Get Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 6,933 shares, a growth of 276.8% from the May 31st total of 1,840 shares. Based on an average daily trading volume, of 5,539 shares, the short-interest ratio is presently 1.3 days. Currently, 0.0% of the company’s stock are sold short.
Banca Mediolanum Stock Performance
OTCMKTS:BNCDY opened at $49.91 on Friday. Banca Mediolanum has a 12 month low of $33.91 and a 12 month high of $52.50. The firm has a fifty day simple moving average of $46.26 and a 200-day simple moving average of $44.27.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Banca Mediolanum to a “hold” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
Banca Mediolanum Company Profile
Banca Mediolanum is an Italian banking and financial services group that operates through a network of financial advisors and direct banking channels. The company provides a broad spectrum of retail banking products, including deposit accounts, mortgages, personal loans and consumer credit. In addition to its core banking activities, Banca Mediolanum offers asset management solutions and life and pension insurance products through its subsidiaries.
The institution traces its origins to 1982, when entrepreneur Ennio Doris founded Mediolanum S.p.A.
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