mBank S.A. (OTCMKTS:MBAKF) Sees Large Growth in Short Interest

mBank S.A. (OTCMKTS:MBAKFGet Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 18,885 shares, an increase of 65.0% from the July 15th total of 11,445 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

mBank Price Performance

Shares of mBank stock remained flat at $117.79 on Tuesday. The company’s 50-day simple moving average is $117.79 and its 200 day simple moving average is $117.79. mBank has a one year low of $69.19 and a one year high of $117.79.

mBank Company Profile

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mBank is a leading digital financial institution headquartered in Warsaw, Poland, with roots dating back to its founding as BRE Bank in 1986. Since its rebranding to mBank in 2013, the company has focused on delivering a fully integrated suite of banking services through advanced online and mobile platforms. As one of the first banks in Central and Eastern Europe to embrace direct banking, mBank has established itself as a pioneer in digital financial solutions.

The bank serves a diversified customer base that includes retail clients, small and medium-sized enterprises, and corporate customers.

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