mBank S.A. (OTCMKTS:MBAKF) Sees Significant Decline in Short Interest

mBank S.A. (OTCMKTS:MBAKF) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 9,840 shares, a decline of 28.5% from the December 31st total of 13,760 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

mBank Stock Performance

OTCMKTS MBAKF opened at $117.79 on Monday. The business’s fifty day moving average is $117.79 and its 200-day moving average is $117.79. mBank has a one year low of $69.19 and a one year high of $117.79.

mBank Company Profile

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.