Credito Emiliano S.p.A. (OTCMKTS:CDEFF – Get Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 26,759 shares, a decline of 41.8% from the April 30th total of 45,998 shares. Based on an average trading volume of 3 shares, the days-to-cover ratio is currently 8,919.7 days.
Credito Emiliano Stock Performance
OTCMKTS:CDEFF opened at C$16.01 on Tuesday. The firm’s fifty day moving average price is C$16.78 and its 200 day moving average price is C$16.85. Credito Emiliano has a 1-year low of C$13.21 and a 1-year 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.
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