Malaga Financial Corp. (OTCMKTS:MLGF) Short Interest Down 72.4% in June

Malaga Financial Corp. (OTCMKTS:MLGF) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 99 shares, a decline of 72.4% from the June 15th total of 359 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 6,284 shares, the short-interest ratio is presently 0.0 days.

Malaga Financial Stock Down 2.2%

MLGF traded down $0.49 during midday trading on Monday, reaching $22.00. The company had a trading volume of 905 shares, compared to its average volume of 2,906. The business has a 50-day moving average of $21.73 and a two-hundred day moving average of $21.68. Malaga Financial has a 1 year low of $19.10 and a 1 year high of $23.40. The company has a market cap of $217.80 million, a P/E ratio of 9.72 and a beta of 0.08.

Malaga Financial (OTCMKTS:MLGF) last posted its quarterly earnings data on Friday, July 10th. The company reported $0.58 earnings per share 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.