Credito Emiliano S.p.A. (OTCMKTS:CDEFF) Sees Large Growth in Short Interest

Credito Emiliano S.p.A. (OTCMKTS:CDEFFGet Free Report) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 110,428 shares, an increase of 584.7% from the June 15th total of 16,127 shares. Based on an average daily trading volume, of 1 shares, the days-to-cover ratio is currently 110,428.0 days.

Credito Emiliano Stock Performance

Credito Emiliano stock remained flat at C$16.89 during trading on Friday. Credito Emiliano has a one year low of C$13.21 and a one year high of C$16.89. The stock’s 50 day moving average price is C$16.54 and its 200-day moving average price is C$16.77.

Credito Emiliano Company Profile

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Credito Emiliano S.p.A., commonly known as Credem, is an Italian banking group founded in 1910 and headquartered in Reggio Emilia, in the Emilia-Romagna region. Over more than a century of operations, the bank has expanded its network across Italy, with a particularly strong presence in northern and central regions. Credem’s historical roots in agricultural and industrial credit have evolved into a full-service financial institution serving both individual and corporate clients.

The group’s core business activities encompass retail banking services ­– including deposit accounts, mortgages, consumer credit and payment solutions – as well as corporate banking for small and medium-sized enterprises.

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