Medallion Bank (NASDAQ:MBNKP) Short Interest Update

Medallion Bank (NASDAQ:MBNKP) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,000 shares, a decline of 41.2% from the January 15th total of 1,700 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 0.6 days.

Medallion Bank Price Performance

MBNKP traded up $0.10 on Thursday, hitting $25.60. 693 shares of the company’s stock were exchanged, compared to its average volume of 1,654. The stock has a fifty day moving average of $25.37 and a two-hundred day moving average of $25.27. Medallion Bank has a twelve month low of $24.10 and a twelve month high of $27.00.

Medallion Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.81%.

Medallion Bank Company Profile

Medallion Bank, an industrial bank, originates consumer loans, raises deposits, and conducts other banking activities in the United States. It provides consumer loans to purchase recreational vehicles, boats, and trailers. The company also offers financing for windows, siding, and roof replacement; and swimming pool and other home improvement projects, as well as provides loan origination services.