Malaga Financial Corp. (OTCMKTS:MLGF) Short Interest Up 27.5% in December

Malaga Financial Corp. (OTCMKTS:MLGF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 459 shares, a growth of 27.5% from the November 30th total of 360 shares. Based on an average trading volume of 11,082 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 11,082 shares, the short-interest ratio is presently 0.0 days.

Malaga Financial Trading Down 3.7%

OTCMKTS:MLGF opened at $22.14 on Wednesday. Malaga Financial has a 12 month low of $19.10 and a 12 month high of $23.40. The stock has a market capitalization of $219.19 million, a price-to-earnings ratio of 10.11 and a beta of 0.09. The firm has a fifty day simple moving average of $22.10 and a two-hundred day simple moving average of $21.09.

Malaga Financial (OTCMKTS:MLGF) last announced its quarterly earnings data on Thursday, October 9th. The company reported $0.58 earnings per share 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.