Short Interest in Malaga Financial Corp. (OTCMKTS:MLGF) Decreases By 55.4%
by Scott Moore · The Cerbat GemMalaga Financial Corp. (OTCMKTS:MLGF – Get Free Report) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 99 shares, a decline of 55.4% from the April 30th total of 222 shares. Based on an average daily trading volume, of 10,940 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
Malaga Financial Price Performance
Shares of Malaga Financial stock remained flat at $21.70 during trading on Friday. Malaga Financial has a one year low of $19.10 and a one year high of $23.40. The stock has a market capitalization of $214.72 million, a price-to-earnings ratio of 9.67 and a beta of 0.08. The stock’s 50 day moving average price is $21.60 and its two-hundred day moving average price is $21.79.
Malaga Financial (OTCMKTS:MLGF – Get Free Report) last posted its quarterly earnings results on Thursday, April 16th. The company reported $0.61 earnings per share for the quarter.
Malaga Financial Company Profile
Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, business banking, consumer, and demand deposits. The company also provides commercial real estate, single and multi-family residential mortgage, consumer, 14-unit investment property, construction, personal, and business loans; home equity lines of credit; and certificates of deposit.