Kandal M Venture Limited (NASDAQ:FMFC) Short Interest Down 97.3% in June

Kandal M Venture Limited (NASDAQ:FMFC) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 5,089 shares, a decline of 97.3% from the May 31st total of 190,417 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 271,998 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Kandal M Venture in a research note on Friday, May 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Kandal M Venture Stock Performance

Shares of Kandal M Venture stock traded up $0.01 on Friday, reaching $0.29. 1,010,190 shares of the company were exchanged, compared to its average volume of 1,997,635. The stock’s 50 day moving average price is $0.37 and its 200-day moving average price is $0.38. Kandal M Venture has a 1-year low of $0.23 and a 1-year high of $15.75. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.50 and a current ratio of 4.46.

Kandal M Venture (NASDAQ:FMFC) last announced its quarterly earnings results on Monday, March 23rd. The bank reported $0.00 EPS for the quarter. The company had revenue of $3.95 million for the quarter.

Institutional Trading of Kandal M Venture

Large investors have recently made changes to their positions in the stock. Millennium Management LLC purchased a new stake in shares of Kandal M Venture during the 3rd quarter valued at $250,000. BNP Paribas Financial Markets acquired a new stake in Kandal M Venture during the 3rd quarter worth approximately $454,000. Finally, JPMorgan Chase & Co. purchased a new position in Kandal M Venture in the third quarter valued at approximately $905,000.

Kandal M Venture Company Profile

First M&F Corporation is a one-bank holding company. The Company engages in the banking business through its wholly owned subsidiary, Merchants and Farmers Bank of Kosciusko (the Bank) in the states of Mississippi, Tennessee, Alabama and Florida. The Bank offers a range of commercial and consumer services at its main office and two branches in Kosciusko and its branches within central and north Mississippi, including Ackerman, Brandon, Bruce, Canton, Cleveland, Clinton, Durant, Flowood, Grenada, Madison, Olive Branch, Oxford, Pearl, Philadelphia, Ridgeland, Southaven, Starkville, and Tupelo.