mBank S.A. (OTCMKTS:MBAKF) Short Interest Up 156.0% in July

mBank S.A. (OTCMKTS:MBAKFGet Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 11,445 shares, an increase of 156.0% from the June 30th total of 4,470 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

mBank Stock Performance

Shares of MBAKF stock remained flat at $117.79 during trading hours on Monday. The firm’s 50-day moving average is $117.79 and its two-hundred day moving average is $117.79. mBank has a fifty-two week low of $69.19 and a fifty-two week high of $117.79.

About mBank

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mBank is a leading digital financial institution headquartered in Warsaw, Poland, with roots dating back to its founding as BRE Bank in 1986. Since its rebranding to mBank in 2013, the company has focused on delivering a fully integrated suite of banking services through advanced online and mobile platforms. As one of the first banks in Central and Eastern Europe to embrace direct banking, mBank has established itself as a pioneer in digital financial solutions.

The bank serves a diversified customer base that includes retail clients, small and medium-sized enterprises, and corporate customers.

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