Short Interest in Malaga Financial Corp. (OTCMKTS:MLGF) Decreases By 55.4%

Malaga Financial Corp. (OTCMKTS:MLGF) was the target of a large decline in short interest during the month of 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 10,940 shares, the days-to-cover ratio is currently 0.0 days.

Malaga Financial Trading Up 0.7%

Shares of OTCMKTS:MLGF traded up $0.15 during midday trading on Monday, hitting $21.85. 3,236 shares of the stock were exchanged, compared to its average volume of 3,126. The stock has a market cap of $216.32 million, a P/E ratio of 9.74 and a beta of 0.08. Malaga Financial has a twelve month low of $19.10 and a twelve month high of $23.40. The company has a 50 day moving average price of $21.60 and a 200-day moving average price of $21.79.

Malaga Financial (OTCMKTS:MLGF) last released its quarterly earnings results on Thursday, April 16th. The company reported $0.61 earnings per share (EPS) for the quarter.

About Malaga Financial

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.