Kandal M Venture Limited (NASDAQ:FMFC – Get Free Report) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 7,520 shares, a decrease of 97.2% from the September 30th total of 272,551 shares. Based on an average trading volume of 90,553 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.5% of the company’s shares are sold short.
Kandal M Venture Stock Down 3.0%
Shares of NASDAQ:FMFC traded down $0.12 during trading on Wednesday, hitting $3.69. 34,805 shares of the company’s stock were exchanged, compared to its average volume of 79,017. The firm has a 50-day moving average price of $7.19 and a two-hundred day moving average price of $12.60. Kandal M Venture has a 1-year low of $3.26 and a 1-year high of $171.60.
Kandal M Venture (NASDAQ:FMFC – Get Free Report) last announced its quarterly earnings data on Friday, October 16th. The bank reported $0.55 earnings per share for the quarter. The business had revenue of $4.78 million during the quarter.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Kandal M Venture in a research report on Monday, September 28th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, Kandal M Venture currently has an average rating of “Sell”.
View Our Latest Stock Report on FMFC
About Kandal M Venture
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.
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