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

Malaga Financial Corp. (OTCMKTS:MLGF) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 99 shares, a decrease of 72.4% from the June 15th total of 359 shares. Based on an average daily volume of 6,284 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Malaga Financial Price Performance

MLGF stock traded up $0.75 during midday trading on Friday, hitting $22.49. The company’s stock had a trading volume of 5,430 shares, compared to its average volume of 2,598. The company’s fifty day moving average price is $21.73 and its 200 day moving average price is $21.68. Malaga Financial has a twelve month low of $19.10 and a twelve month high of $23.40. The stock has a market capitalization of $222.68 million, a P/E ratio of 9.94 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 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.