Short Interest in Malaga Financial Corp. (OTCMKTS:MLGF) Rises By 59.2%

Malaga Financial Corp. (OTCMKTS:MLGF) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 250 shares, a growth of 59.2% from the January 15th total of 157 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 2,562 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 2,562 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Malaga Financial Trading Down 0.1%

Shares of OTCMKTS:MLGF opened at $21.63 on Friday. The firm has a market cap of $214.12 million, a price-to-earnings ratio of 9.93 and a beta of 0.08. The stock’s 50-day moving average price is $21.79 and its two-hundred day moving average price is $21.36. Malaga Financial has a 12-month low of $19.10 and a 12-month high of $23.40.

Malaga Financial (OTCMKTS:MLGF) last posted its quarterly earnings data on Friday, January 30th. The company reported $0.52 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.