Kandal M Venture Limited (NASDAQ:FMFC) Stock Short Interest Declines 97.2%

Kandal M Venture Limited (NASDAQ:FMFC – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 7,520 shares, a drop of 97.2% from the September 30th total of 272,551 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average trading volume of 90,553 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Kandal M Venture in a research report on Monday, September 28th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has a consensus rating of “Sell”.

View Our Latest Analysis on FMFC

Kandal M Venture Trading Down 4.2%

Shares of FMFC stock traded down $0.17 during trading hours on Monday, hitting $3.90. The company had a trading volume of 1,799,146 shares, compared to its average volume of 62,012. Kandal M Venture has a 12 month low of $3.26 and a 12 month high of $279.41. The firm’s fifty day moving average is $7.42 and its 200 day moving average is $12.71.

Kandal M Venture (NASDAQ:FMFC – Get Free Report) last issued its earnings results on Friday, October 16th. The bank reported $0.55 earnings per share (EPS) for the quarter. The company had revenue of $4.78 million during the quarter.

About Kandal M Venture

(Get Free Report)

First M&F Corporation is a one-bank holding company. The Company engages in the banking business through its wholly owned subsidiary, Merchants and Farmers Bank of Kosciusko (the Bank) in the states of Mississippi, Tennessee, Alabama and Florida. The Bank offers a range of commercial and consumer services at its main office and two branches in Kosciusko and its branches within central and north Mississippi, including Ackerman, Brandon, Bruce, Canton, Cleveland, Clinton, Durant, Flowood, Grenada, Madison, Olive Branch, Oxford, Pearl, Philadelphia, Ridgeland, Southaven, Starkville, and Tupelo.

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