mBank S.A. (OTCMKTS:MBAKF) Sees Large Increase in Short Interest

mBank S.A. (OTCMKTS:MBAKFGet Free Report) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,994 shares, an increase of 72.2% from the March 31st total of 2,319 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

mBank Stock Performance

OTCMKTS:MBAKF remained flat at $117.79 during trading hours on Monday. The company has a fifty day moving average of $117.79 and a 200-day moving average of $117.79. mBank has a 12 month low of $69.19 and a 12 month high of $117.79.

mBank Company Profile

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mBank is a leading digital financial institution headquartered in Warsaw, Poland, with roots dating back to its founding as BRE Bank in 1986. Since its rebranding to mBank in 2013, the company has focused on delivering a fully integrated suite of banking services through advanced online and mobile platforms. As one of the first banks in Central and Eastern Europe to embrace direct banking, mBank has established itself as a pioneer in digital financial solutions.

The bank serves a diversified customer base that includes retail clients, small and medium-sized enterprises, and corporate customers.

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