Kandal M Venture Limited (NASDAQ:FMFC) Short Interest Update

Kandal M Venture Limited (NASDAQ:FMFC) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 118,148 shares, a decrease of 77.6% from the June 30th total of 527,618 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 152,967 shares, the short-interest ratio is presently 0.8 days.

Kandal M Venture Stock Down 1.8%

Shares of FMFC stock opened at $0.25 on Friday. Kandal M Venture has a 52 week low of $0.23 and a 52 week high of $15.75. The company has a 50-day simple moving average of $0.32 and a 200 day simple moving average of $0.37.

Institutional Trading of Kandal M Venture

Several hedge funds have recently added to or reduced their stakes in FMFC. Millennium Management LLC acquired a new position in Kandal M Venture in the 3rd quarter valued at $250,000. BNP Paribas Financial Markets acquired a new stake in Kandal M Venture in the 3rd quarter worth about $454,000. Finally, JPMorgan Chase & Co. acquired a new stake in Kandal M Venture in the 3rd quarter worth about $905,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised Kandal M Venture from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

About Kandal M Venture

First M&F Corporation is a one-bank holding company. The Company engages in the banking business through its wholly owned subsidiary, Merchants and Farmers Bank of Kosciusko (the Bank) in the states of Mississippi, Tennessee, Alabama and Florida. The Bank offers a range of commercial and consumer services at its main office and two branches in Kosciusko and its branches within central and north Mississippi, including Ackerman, Brandon, Bruce, Canton, Cleveland, Clinton, Durant, Flowood, Grenada, Madison, Olive Branch, Oxford, Pearl, Philadelphia, Ridgeland, Southaven, Starkville, and Tupelo.