Credito Emiliano S.p.A. (OTCMKTS:CDEFF) Sees Large Growth in Short Interest

Credito Emiliano S.p.A. (OTCMKTS:CDEFF) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 110,428 shares, a growth of 584.7% from the June 15th total of 16,127 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 110,428.0 days.

Credito Emiliano Price Performance

Shares of CDEFF remained flat at C$16.89 on Friday. The company has a 50 day moving average price of C$16.54 and a two-hundred day moving average price of C$16.77. Credito Emiliano has a 12 month low of C$13.21 and a 12 month high of C$16.89.

About Credito Emiliano

Credito Emiliano S.p.A., commonly known as Credem, is an Italian banking group founded in 1910 and headquartered in Reggio Emilia, in the Emilia-Romagna region. Over more than a century of operations, the bank has expanded its network across Italy, with a particularly strong presence in northern and central regions. Credem’s historical roots in agricultural and industrial credit have evolved into a full-service financial institution serving both individual and corporate clients.

The group’s core business activities encompass retail banking services ­– including deposit accounts, mortgages, consumer credit and payment solutions – as well as corporate banking for small and medium-sized enterprises.