Medibank Private Limited (OTCMKTS:MDBPF) Sees Significant Increase in Short Interest

Medibank Private Limited (OTCMKTS:MDBPF – Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,228,682 shares, an increase of 47.2% from the August 31st total of 2,194,119 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ? days.

Medibank Private Price Performance

Shares of OTCMKTS MDBPF remained flat at $3.90 during trading on Thursday. Medibank Private has a 12 month low of $2.78 and a 12 month high of $3.90. The business’s 50-day moving average is $3.90 and its 200-day moving average is $3.59.

About Medibank Private

(Get Free Report)

Medibank Private Limited is an Australian health insurance company headquartered in Melbourne. It provides private health insurance to individuals, families and businesses, with coverage options that include hospital, extras and combined hospital-and-extras policies.

The company operates primarily through the Medibank and ahm brands. In addition to health insurance, its services include health and well-being support, member assistance programs and related healthcare services. Medibank also offers travel insurance and other insurance products through selected brands and channels.

Medibank was established in 1975 as a government-owned health insurer and was later converted into a public company.

Further Reading

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