Mediobanca Banca di Credito Finanziario S.p.A. (OTCMKTS:MDIBY) Short Interest Update

Mediobanca Banca di Credito Finanziario S.p.A. (OTCMKTS:MDIBYGet Rating) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totalling 32,400 shares, a decrease of 31.1% from the April 15th total of 47,000 shares. Based on an average daily volume of 89,300 shares, the short-interest ratio is currently 0.4 days.

MDIBY stock traded up $0.27 during mid-day trading on Friday, reaching $10.27. 65,850 shares of the company’s stock were exchanged, compared to its average volume of 53,790. The stock’s 50 day moving average is $9.94 and its 200 day moving average is $10.88. Mediobanca Banca di Credito Finanziario has a 12-month low of $8.12 and a 12-month high of $12.63.

A number of research analysts have recently weighed in on MDIBY shares. HSBC lowered Mediobanca Banca di Credito Finanziario from a “buy” rating to a “hold” rating in a report on Thursday, February 10th. Morgan Stanley increased their price objective on Mediobanca Banca di Credito Finanziario from €11.70 ($12.32) to €11.80 ($12.42) and gave the company an “equal weight” rating in a report on Friday. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $11.55.

About Mediobanca Banca di Credito Finanziario (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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