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

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

Institutional Trading of Kandal M Venture

A number of institutional investors and hedge funds have recently made changes to their positions in FMFC. JPMorgan Chase & Co. acquired a new stake in shares of Kandal M Venture during the 3rd quarter worth approximately $905,000. BNP Paribas Financial Markets bought a new stake in Kandal M Venture during the third quarter worth $454,000. Finally, Millennium Management LLC bought a new stake in Kandal M Venture during the third quarter worth $250,000.

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 analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Kandal M Venture Stock Down 1.8%

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 business has a 50-day simple moving average of $0.32 and a 200 day simple moving average of $0.37.

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.