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 large decline in short interest in October. As of October 31st, there was short interest totalling 148,200 shares, a decline of 7.5% from the October 15th total of 160,200 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Banca Mediolanum Price Performance

Shares of OTCMKTS:BNMDF opened at $11.50 on Wednesday. The business has a 50-day moving average of $10.60 and a two-hundred day moving average of $10.49. Banca Mediolanum has a fifty-two week low of $11.50 and a fifty-two week high of $11.50.

Banca Mediolanum Dividend Announcement

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

About Banca Mediolanum

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.