Malaga Financial Corp. (OTCMKTS:MLGF – Get Free Report) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 193 shares, a drop of 53.6% from the July 30th total of 416 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,070 shares, the short-interest ratio is currently 0.0 days.
Malaga Financial Price Performance
Shares of MLGF traded down $0.05 on Friday, hitting $22.45. The company’s stock had a trading volume of 372 shares, compared to its average volume of 2,907. The company has a market capitalization of $222.25 million, a PE ratio of 9.92 and a beta of 0.08. Malaga Financial has a fifty-two week low of $19.27 and a fifty-two week high of $23.45. The company has a 50 day moving average price of $22.06 and a 200 day moving average price of $21.83.
Malaga Financial (OTCMKTS:MLGF – Get Free Report) last released its quarterly earnings results on Friday, July 10th. The company reported $0.58 earnings per share (EPS) for the quarter.
About Malaga Financial
Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, business banking, consumer, and demand deposits. The company also provides commercial real estate, single and multi-family residential mortgage, consumer, 14-unit investment property, construction, personal, and business loans; home equity lines of credit; and certificates of deposit.
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