Mediobanca Banca di Credito Finanziario S.p.A. (OTCMKTS:MDIBY) Short Interest Up 43.2% in March

Mediobanca Banca di Credito Finanziario S.p.A. (OTCMKTS:MDIBYGet Rating) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 63,600 shares, an increase of 43.2% from the March 15th total of 44,400 shares. Based on an average daily volume of 108,800 shares, the short-interest ratio is presently 0.6 days.

Shares of Mediobanca Banca di Credito Finanziario stock remained flat at $$9.93 during trading hours on Friday. The stock had a trading volume of 12,972 shares, compared to its average volume of 51,304. The stock has a 50-day moving average price of $10.20 and a 200 day moving average price of $11.12. Mediobanca Banca di Credito Finanziario has a fifty-two week low of $8.12 and a fifty-two week high of $12.63.

Several equities analysts recently weighed in on the company. Morgan Stanley downgraded Mediobanca Banca di Credito Finanziario from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, February 15th. HSBC downgraded Mediobanca Banca di Credito Finanziario from a “buy” rating to a “hold” rating in a research report on Thursday, February 10th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $11.60.

Mediobanca Banca di Credito Finanziario Company Profile (Get Rating)

Mediobanca Banca di Credito Finanziario S.p.A., together with its subsidiaries, provides various banking products and services in Italy and internationally. The company operates through Wealth Management, Consumer Banking, Corporate and Investment Banking, Principal Investing, and Holding Functions segments.

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