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

mBank S.A. (OTCMKTS:MBAKF) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 23,200 shares, a decline of 16.2% from the December 15th total of 27,700 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

mBank Price Performance

Shares of OTCMKTS MBAKF remained flat at $117.79 during midday trading on Thursday. The company’s 50 day moving average is $117.79 and its 200 day moving average is $117.79. mBank has a 12-month low of $69.19 and a 12-month high of $117.79.

mBank Company Profile

mBank SA provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally. It offers banking services, such as personal, savings, currency, investment, and business accounts, as well as various deposits; bill and credit cards; cash, car, revolving, and corporate loans, as well as mortgages; pension, insurance, stock exchange products; and transaction and mobile banking services.