Banca Mediolanum S.p.A. (OTCMKTS:BNCDY) Shares Shorted: Short Interest Up 73.9% in September

Banca Mediolanum S.p.A. (OTCMKTS:BNCDY) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 2,341 shares, an increase of 73.9% from the August 31st total of 1,346 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 692 shares, the short-interest ratio is presently 3.4 days.

Banca Mediolanum Price Performance

Banca Mediolanum stock remained flat at $54.33 during midday trading on Thursday. The company’s stock had a trading volume of 98 shares, compared to its average volume of 277. The stock’s fifty day moving average is $53.22 and its 200-day moving average is $48.26. Banca Mediolanum has a one year low of $36.55 and a one year high of $56.59.

Banca Mediolanum Company Profile

Banca Mediolanum S.p.A. is an Italian financial services company and a banking subsidiary of the Mediolanum Group. The company provides retail banking and wealth-management services through a model that combines digital channels with a network of personal financial consultants.

Its offerings include current accounts, payment and card services, lending products, mortgages, investment funds, portfolio-management solutions and insurance-related products. Banca Mediolanum also supports customers with financial planning, savings and investment advice, serving individuals and households seeking integrated banking and wealth-management services.

The company primarily serves customers in Italy and operates as part of the broader Mediolanum Group, which has historically focused on combining banking, investment and insurance services.