Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) Short Interest Down 7.5% in October

Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 148,200 shares, a decrease of 7.5% from the October 15th total of 160,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Banca Mediolanum Price Performance

OTCMKTS BNMDF opened at $11.50 on Monday. Banca Mediolanum has a 1-year low of $11.50 and a 1-year high of $11.50. The firm’s fifty day simple moving average is $10.55 and its 200-day simple moving average is $10.47.

Banca Mediolanum Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Tuesday, November 19th will be given a dividend of $0.37 per share. This represents a yield of 3.45%. The ex-dividend date of this dividend is Monday, November 18th.

Banca Mediolanum Company Profile

Banca Mediolanum S.p.A. provides various banking products and services in Italy. The company offers current accounts; deposits; and mortgages and loans. It also provides debit, credit, and prepaid cards; investment products, such as mutual funds, unit linked policies, investment strategies, other investments, trading, and retirement products; and life insurance products and services.