Malaga Financial Corp. (OTCMKTS:MLGF) Short Interest Down 65.6% in January

Malaga Financial Corp. (OTCMKTS:MLGF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 157 shares, a decrease of 65.6% from the December 31st total of 457 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,151 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 6,151 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Malaga Financial Stock Performance

Shares of Malaga Financial stock traded down $0.08 during midday trading on Wednesday, hitting $21.55. The company had a trading volume of 851 shares, compared to its average volume of 2,169. The stock has a market capitalization of $213.35 million, a P/E ratio of 9.84 and a beta of 0.08. The company has a 50 day moving average of $21.95 and a 200 day moving average of $21.27. Malaga Financial has a 52-week low of $19.10 and a 52-week high of $23.40.

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.